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$215,550$215,550$269,100
Remaining term (yrs)22.122.130.0
Secondary amount$0$53,550$0
Funding fee$0$0$0
Note rate4.850%4.850%7.400%
Blended rate5.700%6.357%7.640%
1st payment$1,321.24$1,321.24$1,863.19
2nd payment$0.00$401.62$0.00
Taxes / mo$173.75$173.75$173.75
Insurance / mo$150.00$150.00$150.00
MI / mo$177.35$177.35$53.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,822.34$2,223.97$2,240.76
Cash to close$83,450$29,900$29,900