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$208,180$208,180$268,200
Remaining term (yrs)25.325.330.0
Secondary amount$0$60,020$0
Funding fee$0$0$0
Note rate3.220%3.220%7.400%
Blended rate4.070%5.173%7.640%
1st payment$1,000.41$1,000.41$1,856.96
2nd payment$0.00$450.15$0.00
Taxes / mo$106.83$106.83$106.83
Insurance / mo$150.00$150.00$150.00
MI / mo$163.44$163.44$53.64
HOA / mo$0.00$0.00$0.00
Total monthly$1,420.69$1,870.84$2,167.44
Cash to close$89,820$29,800$29,800