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$202,786$202,786$355,500
Remaining term (yrs)24.324.330.0
Secondary amount$0$152,714$0
Funding fee$0$0$0
Note rate2.720%2.720%7.320%
Blended rate3.570%5.473%7.560%
1st payment$947.94$947.94$2,442.04
2nd payment$0.00$1,018.09$0.00
Taxes / mo$300.25$300.25$300.25
Insurance / mo$150.00$150.00$150.00
MI / mo$165.12$165.12$71.10
HOA / mo$450.00$450.00$450.00
Total monthly$2,013.31$3,031.40$3,413.39
Cash to close$192,214$39,500$39,500