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$145,055$145,055$210,600
Remaining term (yrs)24.324.330.0
Secondary amount$0$65,545$0
Funding fee$0$0$0
Note rate2.670%2.670%7.320%
Blended rate3.520%5.226%7.560%
1st payment$674.38$674.38$1,446.68
2nd payment$0.00$491.59$0.00
Taxes / mo$236.75$236.75$236.75
Insurance / mo$150.00$150.00$150.00
MI / mo$118.24$118.24$42.12
HOA / mo$0.00$0.00$0.00
Total monthly$1,179.37$1,670.96$1,875.55
Cash to close$88,945$23,400$23,400