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$220,676$220,676$324,000
Remaining term (yrs)22.222.230.0
Secondary amount$0$103,324$0
Funding fee$0$0$0
Note rate4.940%4.940%7.320%
Blended rate5.790%6.495%7.560%
1st payment$1,361.05$1,361.05$2,225.66
2nd payment$0.00$688.82$0.00
Taxes / mo$642.67$642.67$642.67
Insurance / mo$150.00$150.00$150.00
MI / mo$180.82$180.82$64.80
HOA / mo$130.00$130.00$130.00
Total monthly$2,464.54$3,153.37$3,213.12
Cash to close$139,324$36,000$36,000