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$224,997$224,997$348,291
Remaining term (yrs)23.423.430.0
Secondary amount$0$123,294$0
Funding fee$0$0$0
Note rate3.620%3.620%7.400%
Blended rate4.470%5.720%7.640%
1st payment$1,185.91$1,185.91$2,411.50
2nd payment$0.00$821.96$0.00
Taxes / mo$544.05$544.05$544.05
Insurance / mo$150.00$150.00$150.00
MI / mo$184.31$184.31$69.66
HOA / mo$15.75$15.75$15.75
Total monthly$2,080.02$2,901.98$3,190.95
Cash to close$161,993$38,699$38,699