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$139,488$139,488$431,910
Remaining term (yrs)15.915.930.0
Secondary amount$0$292,422$0
Funding fee$0$0$0
Note rate3.530%3.530%7.320%
Blended rate4.380%6.662%7.560%
1st payment$951.91$951.91$2,966.92
2nd payment$0.00$1,888.56$0.00
Taxes / mo$131.75$131.75$131.75
Insurance / mo$166.67$166.67$166.67
MI / mo$149.60$149.60$86.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,399.93$3,288.49$3,351.72
Cash to close$340,412$47,990$47,990