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$401,032$401,032$629,100
Remaining term (yrs)20.820.830.0
Secondary amount$0$228,068$0
Funding fee$0$0$0
Note rate3.910%3.910%7.400%
Blended rate4.760%5.844%7.640%
1st payment$2,341.62$2,341.62$4,355.76
2nd payment$0.00$1,472.94$0.00
Taxes / mo$582.50$582.50$582.50
Insurance / mo$166.67$166.67$166.67
MI / mo$351.23$351.23$125.82
HOA / mo$60.00$60.00$60.00
Total monthly$3,502.02$4,974.96$5,290.75
Cash to close$297,968$69,900$69,900