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$116,863$116,863$292,500
Remaining term (yrs)18.718.730.0
Secondary amount$0$175,637$0
Funding fee$0$0$0
Note rate3.870%3.870%7.400%
Blended rate4.720%6.690%7.640%
1st payment$729.03$729.03$2,025.21
2nd payment$0.00$1,170.91$0.00
Taxes / mo$270.83$270.83$270.83
Insurance / mo$150.00$150.00$150.00
MI / mo$109.88$109.88$58.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,259.74$2,430.65$2,504.54
Cash to close$208,137$32,500$32,500