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$113,034$113,034$351,899
Remaining term (yrs)20.320.330.0
Secondary amount$0$238,865$0
Funding fee$0$0$0
Note rate4.130%4.130%7.320%
Blended rate4.980%6.860%7.560%
1st payment$683.64$683.64$2,417.30
2nd payment$0.00$1,542.67$0.00
Taxes / mo$349.67$349.67$349.67
Insurance / mo$150.00$150.00$150.00
MI / mo$99.86$99.86$70.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,283.16$2,825.84$2,987.35
Cash to close$277,965$39,100$39,100