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$186,402$186,402$368,100
Remaining term (yrs)24.324.330.0
Secondary amount$0$181,698$0
Funding fee$0$0$0
Note rate2.670%2.670%7.320%
Blended rate3.520%5.731%7.560%
1st payment$866.61$866.61$2,528.59
2nd payment$0.00$1,211.32$0.00
Taxes / mo$201.67$201.67$201.67
Insurance / mo$150.00$150.00$150.00
MI / mo$151.94$151.94$73.62
HOA / mo$0.00$0.00$0.00
Total monthly$1,370.22$2,581.54$2,953.88
Cash to close$222,598$40,900$40,900