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$189,299$189,299$341,100
Remaining term (yrs)22.622.630.0
Secondary amount$0$151,801$0
Funding fee$0$0$0
Note rate4.140%4.140%7.320%
Blended rate4.990%6.330%7.560%
1st payment$1,071.57$1,071.57$2,343.12
2nd payment$0.00$1,012.01$0.00
Taxes / mo$436.58$436.58$436.58
Insurance / mo$150.00$150.00$150.00
MI / mo$156.33$156.33$68.22
HOA / mo$84.67$84.67$84.67
Total monthly$1,899.16$2,911.16$3,082.59
Cash to close$189,701$37,900$37,900