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$118,819$118,819$396,000
Remaining term (yrs)19.119.130.0
Secondary amount$0$277,181$0
Funding fee$0$0$0
Note rate4.370%4.370%7.400%
Blended rate5.220%6.991%7.640%
1st payment$761.58$761.58$2,741.82
2nd payment$0.00$1,790.12$0.00
Taxes / mo$366.67$366.67$366.67
Insurance / mo$150.00$150.00$150.00
MI / mo$108.11$108.11$79.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,386.36$3,176.48$3,337.69
Cash to close$321,181$44,000$44,000