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$9,778$9,778$332,100
Remaining term (yrs)22.622.630.0
Secondary amount$0$322,322$0
Funding fee$0$0$0
Note rate3.850%3.850%7.400%
Blended rate4.700%7.660%7.640%
1st payment$53.82$53.82$2,299.39
2nd payment$0.00$2,081.66$0.00
Taxes / mo$206.75$206.75$206.75
Insurance / mo$150.00$150.00$150.00
MI / mo$7.67$7.67$66.42
HOA / mo$60.00$60.00$60.00
Total monthly$478.24$2,559.90$2,782.56
Cash to close$359,222$36,900$36,900