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$185,065$185,065$263,700
Remaining term (yrs)24.724.730.0
Secondary amount$0$78,635$0
Funding fee$0$0$0
Note rate2.990%2.990%7.400%
Blended rate3.840%5.379%7.640%
1st payment$880.60$880.60$1,825.81
2nd payment$0.00$589.76$0.00
Taxes / mo$475.00$475.00$475.00
Insurance / mo$150.00$150.00$150.00
MI / mo$148.14$148.14$52.74
HOA / mo$0.00$0.00$0.00
Total monthly$1,653.74$2,243.50$2,503.55
Cash to close$107,935$29,300$29,300