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$245,417$245,417$422,100
Remaining term (yrs)22.822.830.0
Secondary amount$0$176,683$0
Funding fee$0$0$0
Note rate3.800%3.800%7.400%
Blended rate4.650%6.052%7.640%
1st payment$1,338.02$1,338.02$2,922.54
2nd payment$0.00$1,177.89$0.00
Taxes / mo$3.92$3.92$3.92
Insurance / mo$166.67$166.67$166.67
MI / mo$203.40$203.40$84.42
HOA / mo$0.00$0.00$0.00
Total monthly$1,712.01$2,889.90$3,177.54
Cash to close$223,583$46,900$46,900