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$191,162$191,162$611,100
Remaining term (yrs)15.515.530.0
Secondary amount$0$419,938$0
Funding fee$0$0$0
Note rate3.950%3.950%7.400%
Blended rate4.800%6.827%7.640%
1st payment$1,365.31$1,365.31$4,231.13
2nd payment$0.00$2,712.10$0.00
Taxes / mo$565.83$565.83$565.83
Insurance / mo$166.67$166.67$166.67
MI / mo$203.80$203.80$122.22
HOA / mo$0.00$0.00$0.00
Total monthly$2,301.60$5,013.70$5,085.85
Cash to close$487,838$67,900$67,900