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$221,428$221,428$368,100
Remaining term (yrs)20.420.430.0
Secondary amount$0$146,672$0
Funding fee$0$0$0
Note rate4.190%4.190%7.400%
Blended rate5.040%6.219%7.640%
1st payment$1,342.84$1,342.84$2,548.65
2nd payment$0.00$977.81$0.00
Taxes / mo$342.67$342.67$342.67
Insurance / mo$150.00$150.00$150.00
MI / mo$194.74$194.74$73.62
HOA / mo$0.00$0.00$0.00
Total monthly$2,030.25$3,008.06$3,114.94
Cash to close$187,572$40,900$40,900