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$152,231$152,231$261,000
Remaining term (yrs)20.420.430.0
Secondary amount$0$108,769$0
Funding fee$0$0$0
Note rate4.190%4.190%7.400%
Blended rate5.040%6.274%7.640%
1st payment$923.20$923.20$1,807.11
2nd payment$0.00$725.13$0.00
Taxes / mo$322.33$322.33$322.33
Insurance / mo$150.00$150.00$150.00
MI / mo$133.88$133.88$52.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,529.42$2,254.54$2,331.64
Cash to close$137,769$29,000$29,000