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$79,477$79,477$256,500
Remaining term (yrs)25.225.230.0
Secondary amount$0$177,023$0
Funding fee$0$0$0
Note rate3.070%3.070%7.320%
Blended rate3.920%6.736%7.560%
1st payment$376.47$376.47$1,761.98
2nd payment$0.00$1,180.15$0.00
Taxes / mo$237.77$237.77$237.77
Insurance / mo$150.00$150.00$150.00
MI / mo$62.69$62.69$51.30
HOA / mo$0.00$0.00$0.00
Total monthly$826.93$2,007.08$2,201.05
Cash to close$205,523$28,500$28,500