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$133,172$133,172$319,500
Remaining term (yrs)19.919.930.0
Secondary amount$0$186,328$0
Funding fee$0$0$0
Note rate3.570%3.570%7.320%
Blended rate4.420%6.508%7.560%
1st payment$777.14$777.14$2,194.74
2nd payment$0.00$1,242.19$0.00
Taxes / mo$126.00$126.00$126.00
Insurance / mo$150.00$150.00$150.00
MI / mo$121.53$121.53$63.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,174.67$2,416.86$2,534.64
Cash to close$221,828$35,500$35,500