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$156,397$156,397$440,999
Remaining term (yrs)18.018.030.0
Secondary amount$0$284,602$0
Funding fee$0$0$0
Note rate4.140%4.140%7.400%
Blended rate4.990%6.771%7.640%
1st payment$1,021.89$1,021.89$3,053.39
2nd payment$0.00$1,838.05$0.00
Taxes / mo$408.33$408.33$408.33
Insurance / mo$166.67$166.67$166.67
MI / mo$149.08$149.08$88.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,745.97$3,584.02$3,716.59
Cash to close$333,602$49,000$49,000