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$167,039$167,039$314,010
Remaining term (yrs)24.824.830.0
Secondary amount$0$146,971$0
Funding fee$0$0$0
Note rate2.800%2.800%7.400%
Blended rate3.650%5.686%7.640%
1st payment$776.64$776.64$2,174.14
2nd payment$0.00$979.81$0.00
Taxes / mo$106.00$106.00$106.00
Insurance / mo$150.00$150.00$150.00
MI / mo$133.88$133.88$62.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,166.52$2,146.33$2,492.94
Cash to close$181,861$34,890$34,890