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$179,631$179,631$207,000
Remaining term (yrs)25.425.430.0
Secondary amount$0$27,369$0
Funding fee$0$0$0
Note rate3.890%3.890%7.400%
Blended rate4.740%5.303%7.640%
1st payment$924.66$924.66$1,433.23
2nd payment$0.00$205.27$0.00
Taxes / mo$45.75$45.75$45.75
Insurance / mo$150.00$150.00$150.00
MI / mo$139.03$139.03$41.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,259.44$1,464.70$1,670.38
Cash to close$50,369$23,000$23,000