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$107,442$107,442$422,910
Remaining term (yrs)15.415.430.0
Secondary amount$0$315,468$0
Funding fee$0$0$0
Note rate3.920%3.920%7.400%
Blended rate4.770%6.993%7.640%
1st payment$771.71$771.71$2,928.14
2nd payment$0.00$2,037.40$0.00
Taxes / mo$130.92$130.92$130.92
Insurance / mo$166.67$166.67$166.67
MI / mo$115.61$115.61$84.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,184.90$3,222.30$3,310.31
Cash to close$362,458$46,990$46,990