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$155,745$155,745$387,000
Remaining term (yrs)18.518.530.0
Secondary amount$0$231,255$0
Funding fee$0$0$0
Note rate3.500%3.500%7.320%
Blended rate4.350%6.382%7.560%
1st payment$947.96$947.96$2,658.42
2nd payment$0.00$1,493.52$0.00
Taxes / mo$393.33$393.33$393.33
Insurance / mo$150.00$150.00$150.00
MI / mo$149.53$149.53$77.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,640.82$3,134.34$3,279.15
Cash to close$274,255$43,000$43,000