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$59,565$59,565$170,910
Remaining term (yrs)20.220.230.0
Secondary amount$0$111,345$0
Funding fee$0$0$0
Note rate3.470%3.470%7.400%
Blended rate4.320%6.717%7.640%
1st payment$340.62$340.62$1,183.35
2nd payment$0.00$742.30$0.00
Taxes / mo$189.77$189.77$189.77
Insurance / mo$150.00$150.00$150.00
MI / mo$53.93$53.93$34.18
HOA / mo$0.00$0.00$0.00
Total monthly$734.33$1,476.63$1,557.30
Cash to close$130,335$18,990$18,990