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$186,316$186,316$310,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$124,184$0
Funding fee$0$0$0
Note rate2.880%2.880%7.320%
Blended rate3.730%5.438%7.560%
1st payment$896.81$896.81$2,132.92
2nd payment$0.00$827.90$0.00
Taxes / mo$204.42$204.42$204.42
Insurance / mo$150.00$150.00$150.00
MI / mo$153.01$153.01$62.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,404.23$2,232.13$2,549.44
Cash to close$158,684$34,500$34,500