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$86,415$86,415$247,500
Remaining term (yrs)19.519.530.0
Secondary amount$0$161,085$0
Funding fee$0$0$0
Note rate3.500%3.500%7.400%
Blended rate4.350%6.726%7.640%
1st payment$507.05$507.05$1,713.64
2nd payment$0.00$1,073.90$0.00
Taxes / mo$69.67$69.67$69.67
Insurance / mo$150.00$150.00$150.00
MI / mo$79.98$79.98$49.50
HOA / mo$0.00$0.00$0.00
Total monthly$806.70$1,880.59$1,982.81
Cash to close$188,585$27,500$27,500