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$152,673$152,673$323,100
Remaining term (yrs)23.323.330.0
Secondary amount$0$170,427$0
Funding fee$0$0$0
Note rate3.700%3.700%7.320%
Blended rate4.550%6.370%7.560%
1st payment$813.05$813.05$2,219.47
2nd payment$0.00$1,136.18$0.00
Taxes / mo$283.72$283.72$283.72
Insurance / mo$150.00$150.00$150.00
MI / mo$125.12$125.12$64.62
HOA / mo$0.00$0.00$0.00
Total monthly$1,371.88$2,508.06$2,717.81
Cash to close$206,327$35,900$35,900