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$205,991$205,991$314,999
Remaining term (yrs)23.423.430.0
Secondary amount$0$109,008$0
Funding fee$0$0$0
Note rate3.720%3.720%7.400%
Blended rate4.570%5.757%7.640%
1st payment$1,096.75$1,096.75$2,180.99
2nd payment$0.00$726.72$0.00
Taxes / mo$521.33$521.33$521.33
Insurance / mo$150.00$150.00$150.00
MI / mo$168.37$168.37$63.00
HOA / mo$24.33$24.33$24.33
Total monthly$1,960.78$2,687.50$2,939.65
Cash to close$144,008$35,000$35,000