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$158,954$158,954$378,000
Remaining term (yrs)19.319.330.0
Secondary amount$0$219,046$0
Funding fee$0$0$0
Note rate3.810%3.810%7.320%
Blended rate4.660%6.451%7.560%
1st payment$963.62$963.62$2,596.60
2nd payment$0.00$1,414.67$0.00
Taxes / mo$255.67$255.67$255.67
Insurance / mo$150.00$150.00$150.00
MI / mo$146.31$146.31$75.60
HOA / mo$45.00$45.00$45.00
Total monthly$1,560.59$2,975.27$3,122.86
Cash to close$261,046$42,000$42,000