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$191,936$191,936$306,000
Remaining term (yrs)24.624.630.0
Secondary amount$0$114,064$0
Funding fee$0$0$0
Note rate2.990%2.990%7.400%
Blended rate3.840%5.391%7.640%
1st payment$915.37$915.37$2,118.68
2nd payment$0.00$760.43$0.00
Taxes / mo$153.00$153.00$153.00
Insurance / mo$150.00$150.00$150.00
MI / mo$153.99$153.99$61.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,372.35$2,132.78$2,482.88
Cash to close$148,064$34,000$34,000