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$184,828$184,828$386,910
Remaining term (yrs)23.223.230.0
Secondary amount$0$202,082$0
Funding fee$0$0$0
Note rate3.750%3.750%7.320%
Blended rate4.600%6.245%7.560%
1st payment$991.45$991.45$2,657.80
2nd payment$0.00$1,305.12$0.00
Taxes / mo$451.08$451.08$451.08
Insurance / mo$150.00$150.00$150.00
MI / mo$151.64$151.64$77.38
HOA / mo$66.67$66.67$66.67
Total monthly$1,810.84$3,115.96$3,402.94
Cash to close$245,072$42,990$42,990