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$177,054$177,054$225,000
Remaining term (yrs)23.023.030.0
Secondary amount$0$47,946$0
Funding fee$0$0$0
Note rate3.730%3.730%7.400%
Blended rate4.580%5.522%7.640%
1st payment$952.13$952.13$1,557.85
2nd payment$0.00$359.60$0.00
Taxes / mo$351.00$351.00$351.00
Insurance / mo$150.00$150.00$150.00
MI / mo$145.99$145.99$45.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,599.12$1,958.71$2,103.85
Cash to close$72,946$25,000$25,000