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$182,355$182,355$224,991
Remaining term (yrs)25.125.130.0
Secondary amount$0$42,636$0
Funding fee$0$0$0
Note rate3.070%3.070%7.400%
Blended rate3.920%4.883%7.640%
1st payment$865.67$865.67$1,557.79
2nd payment$0.00$319.77$0.00
Taxes / mo$115.08$115.08$115.08
Insurance / mo$150.00$150.00$150.00
MI / mo$144.15$144.15$45.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,274.90$1,594.66$1,867.87
Cash to close$67,635$24,999$24,999