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$204,778$204,778$808,999
Remaining term (yrs)12.412.430.0
Secondary amount$0$604,221$0
Funding fee$0$0$0
Note rate4.880%4.880%7.400%
Blended rate5.730%7.239%7.640%
1st payment$1,817.55$1,817.55$5,601.35
2nd payment$0.00$3,902.26$0.00
Taxes / mo$749.07$749.07$749.07
Insurance / mo$216.67$216.67$216.67
MI / mo$243.14$243.14$161.80
HOA / mo$0.00$0.00$0.00
Total monthly$3,026.42$6,928.69$6,728.89
Cash to close$694,110$89,889$89,889