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$69,380$69,380$337,500
Remaining term (yrs)16.016.030.0
Secondary amount$0$268,120$0
Funding fee$0$0$0
Note rate3.750%3.750%7.320%
Blended rate4.600%7.102%7.560%
1st payment$477.46$477.46$2,318.39
2nd payment$0.00$1,731.61$0.00
Taxes / mo$569.42$569.42$569.42
Insurance / mo$150.00$150.00$150.00
MI / mo$73.03$73.03$67.50
HOA / mo$13.00$13.00$13.00
Total monthly$1,282.91$3,014.52$3,118.31
Cash to close$305,620$37,500$37,500