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$115,513$115,513$267,750
Remaining term (yrs)19.819.830.0
Secondary amount$0$152,237$0
Funding fee$0$0$0
Note rate3.570%3.570%7.320%
Blended rate4.420%6.456%7.560%
1st payment$676.03$676.03$1,839.26
2nd payment$0.00$1,014.91$0.00
Taxes / mo$247.92$247.92$247.92
Insurance / mo$150.00$150.00$150.00
MI / mo$105.72$105.72$53.55
HOA / mo$29.17$29.17$29.17
Total monthly$1,208.83$2,223.74$2,319.89
Cash to close$181,987$29,750$29,750