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$157,512$157,512$413,100
Remaining term (yrs)18.518.530.0
Secondary amount$0$255,588$0
Funding fee$0$0$0
Note rate3.780%3.780%7.320%
Blended rate4.630%6.560%7.560%
1st payment$981.26$981.26$2,837.71
2nd payment$0.00$1,650.67$0.00
Taxes / mo$170.33$170.33$170.33
Insurance / mo$166.67$166.67$166.67
MI / mo$149.53$149.53$82.62
HOA / mo$58.67$58.67$58.67
Total monthly$1,526.46$3,177.13$3,316.00
Cash to close$301,488$45,900$45,900