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$119,354$119,354$459,000
Remaining term (yrs)22.722.730.0
Secondary amount$0$339,646$0
Funding fee$0$0$0
Note rate3.820%3.820%7.320%
Blended rate4.670%6.949%7.560%
1st payment$653.50$653.50$3,153.01
2nd payment$0.00$2,193.54$0.00
Taxes / mo$217.42$217.42$217.42
Insurance / mo$166.67$166.67$166.67
MI / mo$99.10$99.10$91.80
HOA / mo$60.42$60.42$60.42
Total monthly$1,197.10$3,390.64$3,689.31
Cash to close$390,646$51,000$51,000