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$149,764$149,764$413,910
Remaining term (yrs)15.915.930.0
Secondary amount$0$264,146$0
Funding fee$0$0$0
Note rate3.620%3.620%7.320%
Blended rate4.470%6.563%7.560%
1st payment$1,024.81$1,024.81$2,843.27
2nd payment$0.00$1,705.94$0.00
Taxes / mo$244.83$244.83$244.83
Insurance / mo$166.67$166.67$166.67
MI / mo$159.27$159.27$82.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,595.58$3,301.52$3,337.56
Cash to close$310,136$45,990$45,990