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$398,515$398,515$607,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$208,985$0
Funding fee$0$0$0
Note rate3.020%3.020%7.320%
Blended rate3.870%5.205%7.560%
1st payment$1,942.33$1,942.33$4,173.10
2nd payment$0.00$1,349.69$0.00
Taxes / mo$290.25$290.25$290.25
Insurance / mo$166.67$166.67$166.67
MI / mo$325.50$325.50$121.50
HOA / mo$48.00$48.00$48.00
Total monthly$2,772.74$4,122.43$4,799.52
Cash to close$276,485$67,500$67,500