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$164,646$164,646$260,910
Remaining term (yrs)22.322.330.0
Secondary amount$0$96,264$0
Funding fee$0$0$0
Note rate4.620%4.620%7.400%
Blended rate5.470%6.772%7.640%
1st payment$983.84$983.84$1,806.49
2nd payment$0.00$721.98$0.00
Taxes / mo$238.00$238.00$238.00
Insurance / mo$150.00$150.00$150.00
MI / mo$135.62$135.62$52.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,507.46$2,229.45$2,246.67
Cash to close$125,254$28,990$28,990