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$148,900$148,900$494,100
Remaining term (yrs)16.216.230.0
Secondary amount$0$345,200$0
Funding fee$0$0$0
Note rate3.290%3.290%7.400%
Blended rate4.140%6.662%7.640%
1st payment$983.02$983.02$3,421.05
2nd payment$0.00$2,229.41$0.00
Taxes / mo$241.17$241.17$241.17
Insurance / mo$166.67$166.67$166.67
MI / mo$142.27$142.27$98.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,533.13$3,762.54$3,927.70
Cash to close$400,100$54,900$54,900