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$161,315$161,315$269,100
Remaining term (yrs)24.024.030.0
Secondary amount$0$107,785$0
Funding fee$0$0$0
Note rate2.800%2.800%7.400%
Blended rate3.650%5.392%7.640%
1st payment$766.15$766.15$1,863.19
2nd payment$0.00$718.57$0.00
Taxes / mo$198.00$198.00$198.00
Insurance / mo$150.00$150.00$150.00
MI / mo$132.08$132.08$53.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,246.22$1,964.79$2,265.01
Cash to close$137,685$29,900$29,900