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$306,103$306,103$404,100
Remaining term (yrs)22.622.630.0
Secondary amount$0$97,997$0
Funding fee$0$0$0
Note rate4.140%4.140%7.400%
Blended rate4.990%5.962%7.640%
1st payment$1,732.77$1,732.77$2,797.91
2nd payment$0.00$734.98$0.00
Taxes / mo$374.17$374.17$374.17
Insurance / mo$150.00$150.00$150.00
MI / mo$252.80$252.80$80.82
HOA / mo$213.00$213.00$213.00
Total monthly$2,722.73$3,457.71$3,615.89
Cash to close$142,897$44,900$44,900