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$186,887$186,887$279,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$92,113$0
Funding fee$0$0$0
Note rate2.910%2.910%7.320%
Blended rate3.760%5.490%7.560%
1st payment$900.28$900.28$1,916.54
2nd payment$0.00$690.84$0.00
Taxes / mo$354.50$354.50$354.50
Insurance / mo$150.00$150.00$150.00
MI / mo$153.01$153.01$55.80
HOA / mo$142.00$142.00$142.00
Total monthly$1,699.79$2,390.63$2,618.84
Cash to close$123,113$31,000$31,000