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$174,692$174,692$220,500
Remaining term (yrs)21.321.330.0
Secondary amount$0$45,808$0
Funding fee$0$0$0
Note rate3.990%3.990%7.400%
Blended rate4.840%5.704%7.640%
1st payment$1,012.09$1,012.09$1,526.70
2nd payment$0.00$343.56$0.00
Taxes / mo$257.00$257.00$257.00
Insurance / mo$150.00$150.00$150.00
MI / mo$150.34$150.34$44.10
HOA / mo$362.00$362.00$362.00
Total monthly$1,931.43$2,275.00$2,339.80
Cash to close$70,308$24,500$24,500