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$141,058$141,058$490,500
Remaining term (yrs)15.715.730.0
Secondary amount$0$349,442$0
Funding fee$0$0$0
Note rate3.700%3.700%7.400%
Blended rate4.550%6.830%7.640%
1st payment$982.10$982.10$3,396.12
2nd payment$0.00$2,256.81$0.00
Taxes / mo$189.50$189.50$189.50
Insurance / mo$166.67$166.67$166.67
MI / mo$151.14$151.14$98.10
HOA / mo$5.00$5.00$5.00
Total monthly$1,494.40$3,751.22$3,855.39
Cash to close$403,942$54,500$54,500