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$136,017$136,017$405,000
Remaining term (yrs)18.518.530.0
Secondary amount$0$268,983$0
Funding fee$0$0$0
Note rate3.870%3.870%7.400%
Blended rate4.720%6.732%7.640%
1st payment$853.66$853.66$2,804.14
2nd payment$0.00$1,737.18$0.00
Taxes / mo$133.25$133.25$133.25
Insurance / mo$150.00$150.00$150.00
MI / mo$128.67$128.67$81.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,265.58$3,002.76$3,168.39
Cash to close$313,983$45,000$45,000