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$210,415$210,415$571,500
Remaining term (yrs)19.819.830.0
Secondary amount$0$361,085$0
Funding fee$0$0$0
Note rate3.600%3.600%7.400%
Blended rate4.450%6.535%7.640%
1st payment$1,234.68$1,234.68$3,956.95
2nd payment$0.00$2,332.01$0.00
Taxes / mo$132.67$132.67$132.67
Insurance / mo$166.67$166.67$166.67
MI / mo$192.36$192.36$114.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,726.38$4,058.39$4,370.58
Cash to close$424,585$63,500$63,500