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$202,330$202,330$375,300
Remaining term (yrs)23.123.130.0
Secondary amount$0$172,970$0
Funding fee$0$0$0
Note rate3.690%3.690%7.400%
Blended rate4.540%6.135%7.640%
1st payment$1,081.27$1,081.27$2,598.50
2nd payment$0.00$1,153.13$0.00
Taxes / mo$166.75$166.75$166.75
Insurance / mo$150.00$150.00$150.00
MI / mo$166.60$166.60$75.06
HOA / mo$119.00$119.00$119.00
Total monthly$1,683.63$2,836.76$3,109.31
Cash to close$214,670$41,700$41,700