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$158,597$158,597$414,000
Remaining term (yrs)19.819.830.0
Secondary amount$0$255,403$0
Funding fee$0$0$0
Note rate3.410%3.410%7.400%
Blended rate4.260%6.413%7.640%
1st payment$915.14$915.14$2,866.45
2nd payment$0.00$1,649.48$0.00
Taxes / mo$352.92$352.92$352.92
Insurance / mo$166.67$166.67$166.67
MI / mo$145.99$145.99$82.80
HOA / mo$53.33$53.33$53.33
Total monthly$1,634.04$3,283.52$3,522.17
Cash to close$301,403$46,000$46,000