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$208,766$208,766$382,500
Remaining term (yrs)19.419.430.0
Secondary amount$0$173,734$0
Funding fee$0$0$0
Note rate3.660%3.660%7.400%
Blended rate4.510%6.095%7.640%
1st payment$1,245.74$1,245.74$2,648.35
2nd payment$0.00$1,158.23$0.00
Taxes / mo$354.17$354.17$354.17
Insurance / mo$150.00$150.00$150.00
MI / mo$192.65$192.65$76.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,942.56$3,100.79$3,229.02
Cash to close$216,234$42,500$42,500