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$1,107,345$1,107,345$1,286,100
Remaining term (yrs)29.229.230.0
Secondary amount$0$178,755$0
Funding fee$0$0$0
Note rate0.000%0.000%7.400%
Blended rate0.550%1.585%7.640%
1st payment$3,075.96$3,075.96$8,904.70
2nd payment$0.00$1,191.70$0.00
Taxes / mo$1,190.83$1,190.83$1,190.83
Insurance / mo$216.67$216.67$216.67
MI / mo$507.53$507.53$257.22
HOA / mo$0.00$0.00$0.00
Total monthly$4,990.99$6,182.69$10,569.42
Cash to close$321,655$142,900$142,900