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$209,329$209,329$296,100
Remaining term (yrs)22.722.730.0
Secondary amount$0$86,771$0
Funding fee$0$0$0
Note rate3.820%3.820%7.400%
Blended rate4.670%5.939%7.640%
1st payment$1,146.13$1,146.13$2,050.14
2nd payment$0.00$650.78$0.00
Taxes / mo$362.67$362.67$362.67
Insurance / mo$150.00$150.00$150.00
MI / mo$173.81$173.81$59.22
HOA / mo$282.00$282.00$282.00
Total monthly$2,114.60$2,765.39$2,904.02
Cash to close$119,671$32,900$32,900