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$181,111$181,111$305,910
Remaining term (yrs)24.224.230.0
Secondary amount$0$124,799$0
Funding fee$0$0$0
Note rate2.840%2.840%7.320%
Blended rate3.690%5.448%7.560%
1st payment$859.75$859.75$2,101.39
2nd payment$0.00$832.00$0.00
Taxes / mo$305.17$305.17$305.17
Insurance / mo$150.00$150.00$150.00
MI / mo$147.45$147.45$61.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,462.36$2,294.36$2,617.74
Cash to close$158,789$33,990$33,990