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$186,394$186,394$251,910
Remaining term (yrs)23.423.430.0
Secondary amount$0$65,516$0
Funding fee$0$0$0
Note rate3.730%3.730%7.400%
Blended rate4.580%5.730%7.640%
1st payment$993.41$993.41$1,744.17
2nd payment$0.00$491.37$0.00
Taxes / mo$540.08$540.08$540.08
Insurance / mo$150.00$150.00$150.00
MI / mo$152.32$152.32$50.38
HOA / mo$76.33$76.33$76.33
Total monthly$1,912.14$2,403.51$2,560.97
Cash to close$93,506$27,990$27,990