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$365,558$365,558$517,500
Remaining term (yrs)23.823.830.0
Secondary amount$0$151,942$0
Funding fee$0$0$0
Note rate3.160%3.160%7.400%
Blended rate4.010%5.181%7.640%
1st payment$1,816.70$1,816.70$3,583.07
2nd payment$0.00$1,012.94$0.00
Taxes / mo$274.33$274.33$274.33
Insurance / mo$166.67$166.67$166.67
MI / mo$299.07$299.07$103.50
HOA / mo$10.00$10.00$10.00
Total monthly$2,566.76$3,579.71$4,137.57
Cash to close$209,442$57,500$57,500