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$105,522$105,522$432,000
Remaining term (yrs)16.416.430.0
Secondary amount$0$326,478$0
Funding fee$0$0$0
Note rate3.410%3.410%7.400%
Blended rate4.260%6.898%7.640%
1st payment$697.59$697.59$2,991.08
2nd payment$0.00$2,108.51$0.00
Taxes / mo$400.00$400.00$400.00
Insurance / mo$166.67$166.67$166.67
MI / mo$111.28$111.28$86.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,375.54$3,484.04$3,644.15
Cash to close$374,478$48,000$48,000