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$155,120$155,120$490,500
Remaining term (yrs)19.519.530.0
Secondary amount$0$335,380$0
Funding fee$0$0$0
Note rate3.690%3.690%7.400%
Blended rate4.540%6.735%7.640%
1st payment$925.35$925.35$3,396.12
2nd payment$0.00$2,166.00$0.00
Taxes / mo$251.67$251.67$251.67
Insurance / mo$166.67$166.67$166.67
MI / mo$142.58$142.58$98.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,486.26$3,652.26$3,912.56
Cash to close$389,880$54,500$54,500