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$110,323$110,323$337,500
Remaining term (yrs)22.622.630.0
Secondary amount$0$227,177$0
Funding fee$0$0$0
Note rate4.140%4.140%7.400%
Blended rate4.990%6.848%7.640%
1st payment$624.51$624.51$2,336.78
2nd payment$0.00$1,467.18$0.00
Taxes / mo$194.50$194.50$194.50
Insurance / mo$150.00$150.00$150.00
MI / mo$91.11$91.11$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,060.12$2,527.30$2,748.78
Cash to close$264,677$37,500$37,500