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$82,911$82,911$306,000
Remaining term (yrs)16.016.030.0
Secondary amount$0$223,089$0
Funding fee$0$0$0
Note rate3.360%3.360%7.320%
Blended rate4.210%6.791%7.560%
1st payment$554.50$554.50$2,102.01
2nd payment$0.00$1,440.78$0.00
Taxes / mo$269.17$269.17$269.17
Insurance / mo$150.00$150.00$150.00
MI / mo$89.01$89.01$61.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,062.67$2,503.45$2,582.37
Cash to close$257,089$34,000$34,000