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$142,801$142,801$378,000
Remaining term (yrs)23.623.630.0
Secondary amount$0$235,199$0
Funding fee$0$0$0
Note rate3.230%3.230%7.320%
Blended rate4.080%6.364%7.560%
1st payment$718.22$718.22$2,596.60
2nd payment$0.00$1,519.00$0.00
Taxes / mo$120.83$120.83$120.83
Insurance / mo$150.00$150.00$150.00
MI / mo$117.19$117.19$75.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,106.24$2,625.24$2,943.03
Cash to close$277,199$42,000$42,000