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$179,352$179,352$252,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$72,648$0
Funding fee$0$0$0
Note rate2.960%2.960%7.320%
Blended rate3.810%5.306%7.560%
1st payment$868.59$868.59$1,731.07
2nd payment$0.00$544.86$0.00
Taxes / mo$336.58$336.58$336.58
Insurance / mo$150.00$150.00$150.00
MI / mo$146.68$146.68$50.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,501.86$2,046.71$2,268.05
Cash to close$100,648$28,000$28,000