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$147,403$147,403$278,910
Remaining term (yrs)22.422.430.0
Secondary amount$0$131,507$0
Funding fee$0$0$0
Note rate4.450%4.450%7.400%
Blended rate5.300%6.573%7.640%
1st payment$865.04$865.04$1,931.12
2nd payment$0.00$876.71$0.00
Taxes / mo$79.67$79.67$79.67
Insurance / mo$150.00$150.00$150.00
MI / mo$121.64$121.64$55.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,216.35$2,093.07$2,216.57
Cash to close$162,497$30,990$30,990