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$101,607$101,607$269,910
Remaining term (yrs)16.116.130.0
Secondary amount$0$168,303$0
Funding fee$0$0$0
Note rate3.620%3.620%7.320%
Blended rate4.470%6.671%7.560%
1st payment$690.02$690.02$1,854.09
2nd payment$0.00$1,122.02$0.00
Taxes / mo$352.92$352.92$352.92
Insurance / mo$150.00$150.00$150.00
MI / mo$107.24$107.24$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,300.18$2,422.20$2,410.99
Cash to close$198,293$29,990$29,990