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$174,033$174,033$256,500
Remaining term (yrs)22.022.030.0
Secondary amount$0$82,467$0
Funding fee$0$0$0
Note rate4.710%4.710%7.400%
Blended rate5.560%6.666%7.640%
1st payment$1,055.35$1,055.35$1,775.95
2nd payment$0.00$618.50$0.00
Taxes / mo$275.00$275.00$275.00
Insurance / mo$150.00$150.00$150.00
MI / mo$143.97$143.97$51.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,624.32$2,242.82$2,252.25
Cash to close$110,967$28,500$28,500