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$177,807$177,807$359,100
Remaining term (yrs)23.423.430.0
Secondary amount$0$181,293$0
Funding fee$0$0$0
Note rate3.640%3.640%7.320%
Blended rate4.490%6.262%7.560%
1st payment$939.08$939.08$2,466.77
2nd payment$0.00$1,208.62$0.00
Taxes / mo$361.33$361.33$361.33
Insurance / mo$150.00$150.00$150.00
MI / mo$145.59$145.59$71.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,596.00$2,804.62$3,049.92
Cash to close$221,193$39,900$39,900