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$98,304$98,304$373,500
Remaining term (yrs)17.317.330.0
Secondary amount$0$275,196$0
Funding fee$0$0$0
Note rate4.460%4.460%7.400%
Blended rate5.310%7.108%7.640%
1st payment$677.28$677.28$2,586.04
2nd payment$0.00$1,777.31$0.00
Taxes / mo$134.75$134.75$134.75
Insurance / mo$150.00$150.00$150.00
MI / mo$95.13$95.13$74.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,057.16$2,834.47$2,945.49
Cash to close$316,696$41,500$41,500