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$192,552$192,552$494,910
Remaining term (yrs)24.324.330.0
Secondary amount$0$302,358$0
Funding fee$0$0$0
Note rate2.810%2.810%7.400%
Blended rate3.660%6.159%7.640%
1st payment$908.94$908.94$3,426.66
2nd payment$0.00$1,952.73$0.00
Taxes / mo$458.25$458.25$458.25
Insurance / mo$166.67$166.67$166.67
MI / mo$156.49$156.49$98.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,690.34$3,643.07$4,150.56
Cash to close$357,348$54,990$54,990