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$175,460$175,460$611,910
Remaining term (yrs)19.919.930.0
Secondary amount$0$436,450$0
Funding fee$0$0$0
Note rate3.250%3.250%7.320%
Blended rate4.100%6.703%7.560%
1st payment$992.27$992.27$4,203.40
2nd payment$0.00$2,818.74$0.00
Taxes / mo$566.58$566.58$566.58
Insurance / mo$166.67$166.67$166.67
MI / mo$161.50$161.50$122.38
HOA / mo$630.00$630.00$630.00
Total monthly$2,517.02$5,335.76$5,689.03
Cash to close$504,440$67,990$67,990