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$295,062$295,062$337,410
Remaining term (yrs)25.425.430.0
Secondary amount$0$42,348$0
Funding fee$0$0$0
Note rate3.550%3.550%7.400%
Blended rate4.400%4.977%7.640%
1st payment$1,464.06$1,464.06$2,336.16
2nd payment$0.00$317.61$0.00
Taxes / mo$312.42$312.42$312.42
Insurance / mo$150.00$150.00$150.00
MI / mo$229.52$229.52$67.48
HOA / mo$60.00$60.00$60.00
Total monthly$2,215.99$2,533.60$2,926.06
Cash to close$79,838$37,490$37,490