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$46,497$46,497$256,410
Remaining term (yrs)15.615.630.0
Secondary amount$0$209,913$0
Funding fee$0$0$0
Note rate3.950%3.950%7.320%
Blended rate4.800%7.215%7.560%
1st payment$330.82$330.82$1,761.36
2nd payment$0.00$1,355.69$0.00
Taxes / mo$99.00$99.00$99.00
Insurance / mo$150.00$150.00$150.00
MI / mo$49.38$49.38$51.28
HOA / mo$0.00$0.00$0.00
Total monthly$629.20$1,984.89$2,061.64
Cash to close$238,403$28,490$28,490