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$4,252$4,252$206,910
Remaining term (yrs)20.120.130.0
Secondary amount$0$202,658$0
Funding fee$0$0$0
Note rate2.800%2.800%7.320%
Blended rate3.650%7.666%7.560%
1st payment$22.94$22.94$1,421.33
2nd payment$0.00$1,308.83$0.00
Taxes / mo$201.17$201.17$201.17
Insurance / mo$150.00$150.00$150.00
MI / mo$3.60$3.60$41.38
HOA / mo$213.00$213.00$213.00
Total monthly$590.71$1,899.54$2,026.88
Cash to close$225,648$22,990$22,990