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$198,551$198,551$404,100
Remaining term (yrs)21.321.330.0
Secondary amount$0$205,549$0
Funding fee$0$0$0
Note rate3.930%3.930%7.400%
Blended rate4.780%6.291%7.640%
1st payment$1,143.97$1,143.97$2,797.91
2nd payment$0.00$1,327.50$0.00
Taxes / mo$374.17$374.17$374.17
Insurance / mo$150.00$150.00$150.00
MI / mo$171.17$171.17$80.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,839.31$3,166.81$3,402.89
Cash to close$250,449$44,900$44,900