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$104,587$104,587$477,000
Remaining term (yrs)15.415.430.0
Secondary amount$0$372,413$0
Funding fee$0$0$0
Note rate3.950%3.950%7.400%
Blended rate4.800%7.103%7.640%
1st payment$752.78$752.78$3,302.65
2nd payment$0.00$2,405.17$0.00
Taxes / mo$441.67$441.67$441.67
Insurance / mo$166.67$166.67$166.67
MI / mo$112.37$112.37$95.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,473.48$3,878.65$4,006.38
Cash to close$425,413$53,000$53,000