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$170,714$170,714$404,910
Remaining term (yrs)20.420.430.0
Secondary amount$0$234,196$0
Funding fee$0$0$0
Note rate4.200%4.200%7.400%
Blended rate5.050%6.612%7.640%
1st payment$1,036.20$1,036.20$2,803.52
2nd payment$0.00$1,512.52$0.00
Taxes / mo$333.83$333.83$333.83
Insurance / mo$150.00$150.00$150.00
MI / mo$150.09$150.09$80.98
HOA / mo$49.33$49.33$49.33
Total monthly$1,719.45$3,231.97$3,417.66
Cash to close$279,186$44,990$44,990