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$22,914$22,914$233,910
Remaining term (yrs)18.018.030.0
Secondary amount$0$210,996$0
Funding fee$0$0$0
Note rate4.120%4.120%7.320%
Blended rate4.970%7.478%7.560%
1st payment$149.48$149.48$1,606.80
2nd payment$0.00$1,362.68$0.00
Taxes / mo$228.17$228.17$228.17
Insurance / mo$150.00$150.00$150.00
MI / mo$21.86$21.86$46.78
HOA / mo$0.00$0.00$0.00
Total monthly$549.50$1,912.19$2,031.75
Cash to close$236,986$25,990$25,990