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$216,651$216,651$308,700
Remaining term (yrs)23.423.430.0
Secondary amount$0$92,049$0
Funding fee$0$0$0
Note rate3.650%3.650%7.320%
Blended rate4.500%5.842%7.560%
1st payment$1,145.39$1,145.39$2,120.55
2nd payment$0.00$690.37$0.00
Taxes / mo$190.83$190.83$190.83
Insurance / mo$150.00$150.00$150.00
MI / mo$177.35$177.35$61.74
HOA / mo$0.00$0.00$0.00
Total monthly$1,663.58$2,353.94$2,523.13
Cash to close$126,349$34,300$34,300