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$96,315$96,315$350,100
Remaining term (yrs)15.415.430.0
Secondary amount$0$253,785$0
Funding fee$0$0$0
Note rate3.910%3.910%7.400%
Blended rate4.760%6.927%7.640%
1st payment$691.31$691.31$2,424.02
2nd payment$0.00$1,639.03$0.00
Taxes / mo$248.33$248.33$248.33
Insurance / mo$150.00$150.00$150.00
MI / mo$103.69$103.69$70.02
HOA / mo$0.00$0.00$0.00
Total monthly$1,193.33$2,832.36$2,892.38
Cash to close$292,685$38,900$38,900