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$81,162$81,162$341,910
Remaining term (yrs)16.216.230.0
Secondary amount$0$260,748$0
Funding fee$0$0$0
Note rate3.390%3.390%7.400%
Blended rate4.240%6.917%7.640%
1st payment$539.83$539.83$2,367.32
2nd payment$0.00$1,684.00$0.00
Taxes / mo$201.75$201.75$201.75
Insurance / mo$150.00$150.00$150.00
MI / mo$86.33$86.33$68.38
HOA / mo$0.00$0.00$0.00
Total monthly$977.91$2,661.91$2,787.45
Cash to close$298,738$37,990$37,990