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$144,408$144,408$355,500
Remaining term (yrs)25.225.230.0
Secondary amount$0$211,092$0
Funding fee$0$0$0
Note rate3.090%3.090%7.400%
Blended rate3.940%6.202%7.640%
1st payment$685.55$685.55$2,461.41
2nd payment$0.00$1,363.30$0.00
Taxes / mo$273.08$273.08$273.08
Insurance / mo$150.00$150.00$150.00
MI / mo$113.86$113.86$71.10
HOA / mo$83.33$83.33$83.33
Total monthly$1,305.82$2,669.12$3,038.92
Cash to close$250,592$39,500$39,500