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$168,039$168,039$238,500
Remaining term (yrs)24.124.130.0
Secondary amount$0$70,461$0
Funding fee$0$0$0
Note rate2.880%2.880%7.400%
Blended rate3.730%5.287%7.640%
1st payment$803.05$803.05$1,651.33
2nd payment$0.00$528.46$0.00
Taxes / mo$76.33$76.33$76.33
Insurance / mo$150.00$150.00$150.00
MI / mo$137.01$137.01$47.70
HOA / mo$279.00$279.00$279.00
Total monthly$1,445.39$1,973.85$2,204.36
Cash to close$96,961$26,500$26,500