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$16,206$16,206$382,500
Remaining term (yrs)25.225.230.0
Secondary amount$0$366,294$0
Funding fee$0$0$0
Note rate3.090%3.090%7.320%
Blended rate3.940%7.589%7.560%
1st payment$76.94$76.94$2,627.51
2nd payment$0.00$2,365.65$0.00
Taxes / mo$166.08$166.08$166.08
Insurance / mo$150.00$150.00$150.00
MI / mo$12.78$12.78$76.50
HOA / mo$6.25$6.25$6.25
Total monthly$412.05$2,777.69$3,026.34
Cash to close$408,794$42,500$42,500