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$153,665$153,665$224,100
Remaining term (yrs)22.122.130.0
Secondary amount$0$70,435$0
Funding fee$0$0$0
Note rate4.800%4.800%7.400%
Blended rate5.650%6.703%7.640%
1st payment$937.59$937.59$1,551.62
2nd payment$0.00$528.26$0.00
Taxes / mo$380.08$380.08$380.08
Insurance / mo$150.00$150.00$150.00
MI / mo$126.58$126.58$44.82
HOA / mo$313.00$313.00$313.00
Total monthly$1,907.26$2,435.52$2,439.53
Cash to close$95,335$24,900$24,900