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$116,335$116,335$332,910
Remaining term (yrs)14.614.630.0
Secondary amount$0$216,575$0
Funding fee$0$0$0
Note rate3.090%3.090%7.320%
Blended rate3.940%6.419%7.560%
1st payment$819.21$819.21$2,286.86
2nd payment$0.00$1,398.71$0.00
Taxes / mo$212.00$212.00$212.00
Insurance / mo$150.00$150.00$150.00
MI / mo$103.79$103.79$66.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,285.00$2,683.71$2,715.44
Cash to close$253,565$36,990$36,990