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$113,716$113,716$350,999
Remaining term (yrs)10.410.430.0
Secondary amount$0$237,283$0
Funding fee$0$0$0
Note rate3.400%3.400%7.400%
Blended rate4.250%6.616%7.640%
1st payment$1,074.43$1,074.43$2,430.25
2nd payment$0.00$1,532.45$0.00
Taxes / mo$378.00$378.00$378.00
Insurance / mo$150.00$150.00$150.00
MI / mo$149.69$149.69$70.20
HOA / mo$3.33$3.33$3.33
Total monthly$1,755.46$3,287.91$3,031.78
Cash to close$276,283$39,000$39,000