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$174,622$174,622$283,500
Remaining term (yrs)22.522.530.0
Secondary amount$0$108,878$0
Funding fee$0$0$0
Note rate4.410%4.410%7.400%
Blended rate5.260%6.312%7.640%
1st payment$1,016.54$1,016.54$1,962.90
2nd payment$0.00$725.85$0.00
Taxes / mo$100.75$100.75$100.75
Insurance / mo$150.00$150.00$150.00
MI / mo$143.62$143.62$56.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,410.91$2,136.76$2,270.35
Cash to close$140,378$31,500$31,500