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$157,274$157,274$314,910
Remaining term (yrs)13.413.430.0
Secondary amount$0$157,636$0
Funding fee$0$0$0
Note rate4.750%4.750%7.320%
Blended rate5.600%6.801%7.560%
1st payment$1,311.23$1,311.23$2,163.21
2nd payment$0.00$1,050.91$0.00
Taxes / mo$784.00$784.00$784.00
Insurance / mo$150.00$150.00$150.00
MI / mo$178.05$178.05$62.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,423.28$3,474.18$3,160.20
Cash to close$192,626$34,990$34,990