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$83,036$83,036$310,500
Remaining term (yrs)20.420.430.0
Secondary amount$0$227,464$0
Funding fee$0$0$0
Note rate4.190%4.190%7.320%
Blended rate5.040%7.025%7.560%
1st payment$503.57$503.57$2,132.92
2nd payment$0.00$1,469.04$0.00
Taxes / mo$96.83$96.83$96.83
Insurance / mo$150.00$150.00$150.00
MI / mo$73.03$73.03$62.10
HOA / mo$0.00$0.00$0.00
Total monthly$823.43$2,292.47$2,441.85
Cash to close$261,964$34,500$34,500