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$291,067$291,067$440,100
Remaining term (yrs)22.522.530.0
Secondary amount$0$149,033$0
Funding fee$0$0$0
Note rate4.060%4.060%7.400%
Blended rate4.910%5.956%7.640%
1st payment$1,638.65$1,638.65$3,047.16
2nd payment$0.00$993.56$0.00
Taxes / mo$219.17$219.17$219.17
Insurance / mo$166.67$166.67$166.67
MI / mo$241.37$241.37$88.02
HOA / mo$50.00$50.00$50.00
Total monthly$2,315.85$3,309.41$3,571.02
Cash to close$197,933$48,900$48,900