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$165,430$165,430$360,000
Remaining term (yrs)21.321.330.0
Secondary amount$0$194,570$0
Funding fee$0$0$0
Note rate3.940%3.940%7.400%
Blended rate4.790%6.525%7.640%
1st payment$954.02$954.02$2,492.57
2nd payment$0.00$1,297.13$0.00
Taxes / mo$323.83$323.83$323.83
Insurance / mo$150.00$150.00$150.00
MI / mo$142.58$142.58$72.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,570.43$2,867.57$3,038.40
Cash to close$234,570$40,000$40,000