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$223,949$223,949$382,500
Remaining term (yrs)22.822.830.0
Secondary amount$0$158,551$0
Funding fee$0$0$0
Note rate4.100%4.100%7.400%
Blended rate4.950%6.214%7.640%
1st payment$1,257.28$1,257.28$2,648.35
2nd payment$0.00$1,057.00$0.00
Taxes / mo$295.33$295.33$295.33
Insurance / mo$150.00$150.00$150.00
MI / mo$184.31$184.31$76.50
HOA / mo$58.33$58.33$58.33
Total monthly$1,945.25$3,002.26$3,228.52
Cash to close$201,051$42,500$42,500