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$90,979$90,979$382,499
Remaining term (yrs)13.013.030.0
Secondary amount$0$291,520$0
Funding fee$0$0$0
Note rate4.920%4.920%7.320%
Blended rate5.770%7.279%7.560%
1st payment$783.46$783.46$2,627.50
2nd payment$0.00$1,882.73$0.00
Taxes / mo$352.08$352.08$352.08
Insurance / mo$150.00$150.00$150.00
MI / mo$104.33$104.33$76.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,389.87$3,272.60$3,206.09
Cash to close$334,020$42,500$42,500