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$199,314$199,314$405,000
Remaining term (yrs)19.319.330.0
Secondary amount$0$205,686$0
Funding fee$0$0$0
Note rate3.960%3.960%7.320%
Blended rate4.810%6.303%7.560%
1st payment$1,227.37$1,227.37$2,782.07
2nd payment$0.00$1,328.39$0.00
Taxes / mo$273.58$273.58$273.58
Insurance / mo$150.00$150.00$150.00
MI / mo$182.99$182.99$81.00
HOA / mo$65.00$65.00$65.00
Total monthly$1,898.94$3,227.33$3,351.65
Cash to close$250,686$45,000$45,000