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$373,687$373,687$584,100
Remaining term (yrs)24.724.730.0
Secondary amount$0$210,413$0
Funding fee$0$0$0
Note rate3.000%3.000%7.400%
Blended rate3.850%5.255%7.640%
1st payment$1,780.06$1,780.06$4,044.19
2nd payment$0.00$1,358.92$0.00
Taxes / mo$540.83$540.83$540.83
Insurance / mo$166.67$166.67$166.67
MI / mo$299.07$299.07$116.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,786.62$4,145.54$4,868.51
Cash to close$275,313$64,900$64,900