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$94,382$94,382$293,310
Remaining term (yrs)20.920.930.0
Secondary amount$0$198,928$0
Funding fee$0$0$0
Note rate3.970%3.970%7.240%
Blended rate4.820%6.977%7.480%
1st payment$551.28$551.28$1,998.90
2nd payment$0.00$1,326.19$0.00
Taxes / mo$321.83$321.83$321.83
Insurance / mo$150.00$150.00$150.00
MI / mo$82.09$82.09$58.66
HOA / mo$22.33$22.33$22.33
Total monthly$1,127.54$2,453.73$2,551.73
Cash to close$231,518$32,590$32,590