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$223,339$223,339$393,300
Remaining term (yrs)22.422.430.0
Secondary amount$0$169,961$0
Funding fee$0$0$0
Note rate4.450%4.450%7.320%
Blended rate5.300%6.467%7.560%
1st payment$1,310.68$1,310.68$2,701.70
2nd payment$0.00$1,133.07$0.00
Taxes / mo$512.00$512.00$512.00
Insurance / mo$150.00$150.00$150.00
MI / mo$184.31$184.31$78.66
HOA / mo$33.33$33.33$33.33
Total monthly$2,190.31$3,323.39$3,475.69
Cash to close$213,661$43,700$43,700