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$206,542$206,542$418,410
Remaining term (yrs)22.422.430.0
Secondary amount$0$211,868$0
Funding fee$0$0$0
Note rate4.370%4.370%7.320%
Blended rate5.220%6.501%7.560%
1st payment$1,200.38$1,200.38$2,874.19
2nd payment$0.00$1,368.32$0.00
Taxes / mo$98.33$98.33$98.33
Insurance / mo$166.67$166.67$166.67
MI / mo$170.40$170.40$83.68
HOA / mo$0.00$0.00$0.00
Total monthly$1,635.78$3,004.10$3,222.87
Cash to close$258,358$46,490$46,490