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$114,273$114,273$310,500
Remaining term (yrs)18.818.830.0
Secondary amount$0$196,227$0
Funding fee$0$0$0
Note rate4.000%4.000%7.400%
Blended rate4.850%6.841%7.640%
1st payment$718.45$718.45$2,149.84
2nd payment$0.00$1,308.18$0.00
Taxes / mo$287.17$287.17$287.17
Insurance / mo$150.00$150.00$150.00
MI / mo$106.60$106.60$62.10
HOA / mo$41.67$41.67$41.67
Total monthly$1,303.89$2,612.06$2,690.78
Cash to close$230,727$34,500$34,500