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$296,970$296,970$450,000
Remaining term (yrs)22.922.930.0
Secondary amount$0$153,030$0
Funding fee$0$0$0
Note rate3.810%3.810%7.400%
Blended rate4.660%5.796%7.640%
1st payment$1,617.01$1,617.01$3,115.71
2nd payment$0.00$1,020.20$0.00
Taxes / mo$304.83$304.83$304.83
Insurance / mo$166.67$166.67$166.67
MI / mo$245.51$245.51$90.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,334.02$3,354.22$3,677.21
Cash to close$203,030$50,000$50,000