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$146,230$146,230$184,500
Remaining term (yrs)21.621.630.0
Secondary amount$0$38,270$0
Funding fee$0$0$0
Note rate4.450%4.450%7.320%
Blended rate5.300%6.067%7.560%
1st payment$875.43$875.43$1,267.39
2nd payment$0.00$287.03$0.00
Taxes / mo$259.83$259.83$259.83
Insurance / mo$150.00$150.00$150.00
MI / mo$123.10$123.10$36.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,408.37$1,695.40$1,714.12
Cash to close$58,770$20,500$20,500