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$133,722$133,722$297,000
Remaining term (yrs)20.420.430.0
Secondary amount$0$163,278$0
Funding fee$0$0$0
Note rate4.150%4.150%7.400%
Blended rate5.000%6.649%7.640%
1st payment$806.02$806.02$2,056.37
2nd payment$0.00$1,088.52$0.00
Taxes / mo$208.17$208.17$208.17
Insurance / mo$150.00$150.00$150.00
MI / mo$117.45$117.45$59.40
HOA / mo$38.33$38.33$38.33
Total monthly$1,319.96$2,408.49$2,512.26
Cash to close$196,278$33,000$33,000