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$116,455$116,455$355,500
Remaining term (yrs)21.621.630.0
Secondary amount$0$239,045$0
Funding fee$0$0$0
Note rate3.500%3.500%7.400%
Blended rate4.350%6.636%7.640%
1st payment$637.98$637.98$2,461.41
2nd payment$0.00$1,543.83$0.00
Taxes / mo$178.83$178.83$178.83
Insurance / mo$150.00$150.00$150.00
MI / mo$96.71$96.71$71.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,063.52$2,607.35$2,861.34
Cash to close$278,545$39,500$39,500