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$168,263$168,263$395,910
Remaining term (yrs)19.719.730.0
Secondary amount$0$227,647$0
Funding fee$0$0$0
Note rate3.570%3.570%7.400%
Blended rate4.420%6.335%7.640%
1st payment$987.58$987.58$2,741.20
2nd payment$0.00$1,470.22$0.00
Taxes / mo$152.33$152.33$152.33
Insurance / mo$150.00$150.00$150.00
MI / mo$154.44$154.44$79.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,444.35$2,914.57$3,122.72
Cash to close$271,637$43,990$43,990