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$222,857$222,857$328,499
Remaining term (yrs)22.422.430.0
Secondary amount$0$105,642$0
Funding fee$0$0$0
Note rate4.870%4.870%7.320%
Blended rate5.720%6.453%7.560%
1st payment$1,360.11$1,360.11$2,256.56
2nd payment$0.00$704.28$0.00
Taxes / mo$41.00$41.00$41.00
Insurance / mo$150.00$150.00$150.00
MI / mo$182.15$182.15$65.70
HOA / mo$255.00$255.00$255.00
Total monthly$1,988.26$2,692.54$2,768.26
Cash to close$142,142$36,500$36,500