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$197,334$197,334$269,550
Remaining term (yrs)22.922.930.0
Secondary amount$0$72,216$0
Funding fee$0$0$0
Note rate3.750%3.750%7.400%
Blended rate4.600%5.779%7.640%
1st payment$1,068.15$1,068.15$1,866.31
2nd payment$0.00$541.62$0.00
Taxes / mo$367.00$367.00$367.00
Insurance / mo$150.00$150.00$150.00
MI / mo$163.37$163.37$53.91
HOA / mo$0.00$0.00$0.00
Total monthly$1,748.52$2,290.14$2,437.22
Cash to close$102,166$29,950$29,950