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$84,957$84,957$332,910
Remaining term (yrs)17.717.730.0
Secondary amount$0$247,953$0
Funding fee$0$0$0
Note rate4.120%4.120%7.400%
Blended rate4.970%7.041%7.640%
1st payment$561.19$561.19$2,305.00
2nd payment$0.00$1,601.36$0.00
Taxes / mo$95.33$95.33$95.33
Insurance / mo$150.00$150.00$150.00
MI / mo$82.07$82.07$66.58
HOA / mo$25.00$25.00$25.00
Total monthly$913.59$2,514.96$2,641.92
Cash to close$284,943$36,990$36,990