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$105,985$105,985$296,100
Remaining term (yrs)25.025.030.0
Secondary amount$0$190,115$0
Funding fee$0$0$0
Note rate3.010%3.010%7.400%
Blended rate3.860%6.518%7.640%
1st payment$500.91$500.91$2,050.14
2nd payment$0.00$1,267.43$0.00
Taxes / mo$274.17$274.17$274.17
Insurance / mo$150.00$150.00$150.00
MI / mo$84.05$84.05$59.22
HOA / mo$51.67$51.67$51.67
Total monthly$1,060.80$2,328.23$2,585.19
Cash to close$223,015$32,900$32,900