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$166,720$166,720$288,000
Remaining term (yrs)22.722.730.0
Secondary amount$0$121,280$0
Funding fee$0$0$0
Note rate4.060%4.060%7.320%
Blended rate4.910%6.211%7.560%
1st payment$934.42$934.42$1,978.36
2nd payment$0.00$808.53$0.00
Taxes / mo$259.00$259.00$259.00
Insurance / mo$150.00$150.00$150.00
MI / mo$137.64$137.64$57.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,481.06$2,289.60$2,444.96
Cash to close$153,280$32,000$32,000