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$215,225$215,225$400,500
Remaining term (yrs)22.722.730.0
Secondary amount$0$185,275$0
Funding fee$0$0$0
Note rate4.140%4.140%7.400%
Blended rate4.990%6.382%7.640%
1st payment$1,215.65$1,215.65$2,772.98
2nd payment$0.00$1,235.17$0.00
Taxes / mo$181.42$181.42$181.42
Insurance / mo$150.00$150.00$150.00
MI / mo$177.35$177.35$80.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,724.42$2,959.59$3,184.50
Cash to close$229,775$44,500$44,500