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$270,169$270,169$697,275
Remaining term (yrs)22.922.930.0
Secondary amount$0$427,106$0
Funding fee$0$0$0
Note rate3.700%3.700%7.400%
Blended rate4.550%6.510%7.640%
1st payment$1,451.85$1,451.85$4,827.79
2nd payment$0.00$2,758.39$0.00
Taxes / mo$81.08$81.08$81.08
Insurance / mo$216.67$216.67$216.67
MI / mo$223.43$223.43$139.46
HOA / mo$0.00$0.00$0.00
Total monthly$1,973.02$4,731.41$5,265.00
Cash to close$504,581$77,475$77,475