Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$141,643$141,643$171,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$29,357$0
Funding fee$0$0$0
Note rate2.730%2.730%7.400%
Blended rate3.580%4.510%7.640%
1st payment$659.68$659.68$1,183.97
2nd payment$0.00$220.17$0.00
Taxes / mo$236.33$236.33$236.33
Insurance / mo$150.00$150.00$150.00
MI / mo$114.76$114.76$34.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,160.77$1,380.95$1,604.50
Cash to close$48,357$19,000$19,000