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$151,896$151,896$268,110
Remaining term (yrs)19.619.630.0
Secondary amount$0$116,214$0
Funding fee$0$0$0
Note rate3.610%3.610%7.320%
Blended rate4.460%5.994%7.560%
1st payment$897.23$897.23$1,841.73
2nd payment$0.00$774.76$0.00
Taxes / mo$558.08$558.08$558.08
Insurance / mo$150.00$150.00$150.00
MI / mo$139.62$139.62$53.62
HOA / mo$57.00$57.00$57.00
Total monthly$1,801.93$2,576.69$2,660.44
Cash to close$146,004$29,790$29,790