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$195,752$195,752$333,000
Remaining term (yrs)20.920.930.0
Secondary amount$0$137,248$0
Funding fee$0$0$0
Note rate3.970%3.970%7.400%
Blended rate4.820%6.131%7.640%
1st payment$1,143.39$1,143.39$2,305.62
2nd payment$0.00$914.99$0.00
Taxes / mo$144.42$144.42$144.42
Insurance / mo$150.00$150.00$150.00
MI / mo$170.26$170.26$66.60
HOA / mo$3.75$3.75$3.75
Total monthly$1,611.82$2,526.80$2,670.39
Cash to close$174,248$37,000$37,000