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$112,651$112,651$337,500
Remaining term (yrs)17.917.930.0
Secondary amount$0$224,849$0
Funding fee$0$0$0
Note rate4.120%4.120%7.320%
Blended rate4.970%6.822%7.560%
1st payment$737.16$737.16$2,318.39
2nd payment$0.00$1,452.15$0.00
Taxes / mo$115.17$115.17$115.17
Insurance / mo$150.00$150.00$150.00
MI / mo$107.80$107.80$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,110.13$2,562.28$2,651.06
Cash to close$262,349$37,500$37,500