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$116,877$116,877$292,500
Remaining term (yrs)18.418.430.0
Secondary amount$0$175,623$0
Funding fee$0$0$0
Note rate3.800%3.800%7.320%
Blended rate4.650%6.661%7.560%
1st payment$731.57$731.57$2,009.27
2nd payment$0.00$1,170.82$0.00
Taxes / mo$294.67$294.67$294.67
Insurance / mo$150.00$150.00$150.00
MI / mo$111.21$111.21$58.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,287.44$2,458.26$2,512.44
Cash to close$208,123$32,500$32,500