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$205,349$205,349$324,000
Remaining term (yrs)22.822.830.0
Secondary amount$0$118,651$0
Funding fee$0$0$0
Note rate3.750%3.750%7.320%
Blended rate4.600%5.845%7.560%
1st payment$1,114.08$1,114.08$2,225.66
2nd payment$0.00$791.01$0.00
Taxes / mo$349.50$349.50$349.50
Insurance / mo$150.00$150.00$150.00
MI / mo$170.40$170.40$64.80
HOA / mo$1.67$1.67$1.67
Total monthly$1,785.65$2,576.65$2,791.63
Cash to close$154,651$36,000$36,000