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$214,212$214,212$301,500
Remaining term (yrs)21.421.430.0
Secondary amount$0$87,288$0
Funding fee$0$0$0
Note rate4.320%4.320%7.400%
Blended rate5.170%6.279%7.640%
1st payment$1,276.10$1,276.10$2,087.53
2nd payment$0.00$654.66$0.00
Taxes / mo$303.08$303.08$303.08
Insurance / mo$150.00$150.00$150.00
MI / mo$182.22$182.22$60.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,911.40$2,566.06$2,600.91
Cash to close$120,788$33,500$33,500