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$221,935$221,935$607,500
Remaining term (yrs)15.415.430.0
Secondary amount$0$385,565$0
Funding fee$0$0$0
Note rate3.950%3.950%7.400%
Blended rate4.800%6.672%7.640%
1st payment$1,591.22$1,591.22$4,206.21
2nd payment$0.00$2,490.11$0.00
Taxes / mo$357.58$357.58$357.58
Insurance / mo$166.67$166.67$166.67
MI / mo$237.52$237.52$121.50
HOA / mo$4.17$4.17$4.17
Total monthly$2,357.16$4,847.26$4,856.13
Cash to close$453,065$67,500$67,500