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$136,219$136,219$409,501
Remaining term (yrs)18.918.930.0
Secondary amount$0$273,282$0
Funding fee$0$0$0
Note rate4.020%4.020%7.400%
Blended rate4.870%6.792%7.640%
1st payment$855.34$855.34$2,835.30
2nd payment$0.00$1,764.95$0.00
Taxes / mo$379.17$379.17$379.17
Insurance / mo$166.67$166.67$166.67
MI / mo$126.60$126.60$81.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,527.77$3,292.72$3,463.04
Cash to close$318,782$45,500$45,500