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$94,139$94,139$292,500
Remaining term (yrs)19.419.430.0
Secondary amount$0$198,361$0
Funding fee$0$0$0
Note rate3.640%3.640%7.400%
Blended rate4.490%6.870%7.640%
1st payment$560.77$560.77$2,025.21
2nd payment$0.00$1,322.41$0.00
Taxes / mo$82.67$82.67$82.67
Insurance / mo$150.00$150.00$150.00
MI / mo$86.94$86.94$58.50
HOA / mo$10.00$10.00$10.00
Total monthly$890.38$2,212.78$2,326.38
Cash to close$230,861$32,500$32,500