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$319,304$319,304$450,000
Remaining term (yrs)23.323.330.0
Secondary amount$0$130,696$0
Funding fee$0$0$0
Note rate3.720%3.720%7.400%
Blended rate4.570%5.566%7.640%
1st payment$1,703.85$1,703.85$3,115.71
2nd payment$0.00$871.31$0.00
Taxes / mo$528.25$528.25$528.25
Insurance / mo$166.67$166.67$166.67
MI / mo$261.56$261.56$90.00
HOA / mo$50.00$50.00$50.00
Total monthly$2,710.33$3,581.64$3,950.63
Cash to close$180,696$50,000$50,000