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$131,567$131,567$269,100
Remaining term (yrs)20.420.430.0
Secondary amount$0$137,533$0
Funding fee$0$0$0
Note rate4.870%4.870%7.400%
Blended rate5.720%6.885%7.640%
1st payment$846.50$846.50$1,863.19
2nd payment$0.00$916.89$0.00
Taxes / mo$207.92$207.92$207.92
Insurance / mo$150.00$150.00$150.00
MI / mo$113.37$113.37$53.82
HOA / mo$50.00$50.00$50.00
Total monthly$1,367.78$2,284.67$2,324.93
Cash to close$167,433$29,900$29,900