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$367,554$367,554$603,000
Remaining term (yrs)22.822.830.0
Secondary amount$0$235,446$0
Funding fee$0$0$0
Note rate3.800%3.800%7.400%
Blended rate4.650%5.860%7.640%
1st payment$2,003.92$2,003.92$4,175.05
2nd payment$0.00$1,520.59$0.00
Taxes / mo$558.33$558.33$558.33
Insurance / mo$166.67$166.67$166.67
MI / mo$304.63$304.63$120.60
HOA / mo$607.00$607.00$607.00
Total monthly$3,640.55$5,161.14$5,627.65
Cash to close$302,446$67,000$67,000