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$338,145$338,145$441,000
Remaining term (yrs)23.023.030.0
Secondary amount$0$102,855$0
Funding fee$0$0$0
Note rate3.610%3.610%7.400%
Blended rate4.460%5.286%7.640%
1st payment$1,796.79$1,796.79$3,053.39
2nd payment$0.00$685.70$0.00
Taxes / mo$368.17$368.17$368.17
Insurance / mo$166.67$166.67$166.67
MI / mo$279.59$279.59$88.20
HOA / mo$40.00$40.00$40.00
Total monthly$2,651.21$3,336.91$3,716.43
Cash to close$151,855$49,000$49,000