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$121,665$121,665$297,000
Remaining term (yrs)19.919.930.0
Secondary amount$0$175,335$0
Funding fee$0$0$0
Note rate3.570%3.570%7.320%
Blended rate4.420%6.533%7.560%
1st payment$709.99$709.99$2,040.18
2nd payment$0.00$1,168.90$0.00
Taxes / mo$160.00$160.00$160.00
Insurance / mo$150.00$150.00$150.00
MI / mo$111.03$111.03$59.40
HOA / mo$190.67$190.67$190.67
Total monthly$1,321.69$2,490.59$2,600.25
Cash to close$208,335$33,000$33,000