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$127,307$127,307$314,910
Remaining term (yrs)19.319.330.0
Secondary amount$0$187,603$0
Funding fee$0$0$0
Note rate4.500%4.500%7.400%
Blended rate5.350%6.929%7.640%
1st payment$820.37$820.37$2,180.37
2nd payment$0.00$1,250.69$0.00
Taxes / mo$199.92$199.92$199.92
Insurance / mo$150.00$150.00$150.00
MI / mo$114.69$114.69$62.98
HOA / mo$25.00$25.00$25.00
Total monthly$1,309.97$2,560.66$2,618.27
Cash to close$222,593$34,990$34,990