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$216,737$216,737$427,500
Remaining term (yrs)19.119.130.0
Secondary amount$0$210,763$0
Funding fee$0$0$0
Note rate3.750%3.750%7.320%
Blended rate4.600%6.153%7.560%
1st payment$1,318.71$1,318.71$2,936.63
2nd payment$0.00$1,361.17$0.00
Taxes / mo$358.00$358.00$358.00
Insurance / mo$166.67$166.67$166.67
MI / mo$201.70$201.70$85.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,045.07$3,406.24$3,546.80
Cash to close$258,263$47,500$47,500