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$128,609$128,609$535,500
Remaining term (yrs)16.116.130.0
Secondary amount$0$406,891$0
Funding fee$0$0$0
Note rate3.380%3.380%7.400%
Blended rate4.230%6.905%7.640%
1st payment$858.06$858.06$3,707.69
2nd payment$0.00$2,627.84$0.00
Taxes / mo$75.17$75.17$75.17
Insurance / mo$166.67$166.67$166.67
MI / mo$137.39$137.39$107.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,237.28$3,865.13$4,056.63
Cash to close$466,391$59,500$59,500