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$188,107$188,107$432,000
Remaining term (yrs)19.119.130.0
Secondary amount$0$243,893$0
Funding fee$0$0$0
Note rate3.760%3.760%7.400%
Blended rate4.610%6.383%7.640%
1st payment$1,145.48$1,145.48$2,991.08
2nd payment$0.00$1,575.14$0.00
Taxes / mo$362.17$362.17$362.17
Insurance / mo$166.67$166.67$166.67
MI / mo$174.99$174.99$86.40
HOA / mo$45.83$45.83$45.83
Total monthly$1,895.13$3,470.27$3,652.14
Cash to close$291,893$48,000$48,000