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$363,167$363,167$711,000
Remaining term (yrs)19.919.930.0
Secondary amount$0$347,833$0
Funding fee$0$0$0
Note rate3.660%3.660%7.400%
Blended rate4.510%6.095%7.640%
1st payment$2,136.20$2,136.20$4,922.82
2nd payment$0.00$2,246.42$0.00
Taxes / mo$658.33$658.33$658.33
Insurance / mo$216.67$216.67$216.67
MI / mo$330.36$330.36$142.20
HOA / mo$0.00$0.00$0.00
Total monthly$3,341.57$5,587.99$5,940.02
Cash to close$426,833$79,000$79,000