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$40,815$40,815$301,499
Remaining term (yrs)15.415.430.0
Secondary amount$0$260,684$0
Funding fee$0$0$0
Note rate3.980%3.980%7.320%
Blended rate4.830%7.355%7.560%
1st payment$294.39$294.39$2,071.09
2nd payment$0.00$1,683.59$0.00
Taxes / mo$362.92$362.92$362.92
Insurance / mo$150.00$150.00$150.00
MI / mo$43.78$43.78$60.30
HOA / mo$0.00$0.00$0.00
Total monthly$851.09$2,534.67$2,644.31
Cash to close$294,184$33,500$33,500