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$208,106$208,106$373,500
Remaining term (yrs)23.323.330.0
Secondary amount$0$165,394$0
Funding fee$0$0$0
Note rate3.740%3.740%7.400%
Blended rate4.590%6.100%7.640%
1st payment$1,112.72$1,112.72$2,586.04
2nd payment$0.00$1,102.62$0.00
Taxes / mo$496.33$496.33$496.33
Insurance / mo$150.00$150.00$150.00
MI / mo$170.40$170.40$74.70
HOA / mo$23.00$23.00$23.00
Total monthly$1,952.45$3,055.07$3,330.07
Cash to close$206,894$41,500$41,500