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$101,405$101,405$332,100
Remaining term (yrs)17.417.430.0
Secondary amount$0$230,695$0
Funding fee$0$0$0
Note rate4.230%4.230%7.400%
Blended rate5.080%6.935%7.640%
1st payment$684.27$684.27$2,299.39
2nd payment$0.00$1,489.91$0.00
Taxes / mo$221.83$221.83$221.83
Insurance / mo$150.00$150.00$150.00
MI / mo$98.76$98.76$66.42
HOA / mo$0.00$0.00$0.00
Total monthly$1,154.87$2,644.77$2,737.65
Cash to close$267,595$36,900$36,900