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$226,891$226,891$296,100
Remaining term (yrs)25.525.530.0
Secondary amount$0$69,209$0
Funding fee$0$0$0
Note rate4.170%4.170%7.320%
Blended rate5.020%5.950%7.560%
1st payment$1,201.06$1,201.06$2,034.00
2nd payment$0.00$519.07$0.00
Taxes / mo$177.58$177.58$177.58
Insurance / mo$150.00$150.00$150.00
MI / mo$174.60$174.60$59.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,703.24$2,222.31$2,420.80
Cash to close$102,109$32,900$32,900