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$319,362$319,362$512,910
Remaining term (yrs)22.722.730.0
Secondary amount$0$193,548$0
Funding fee$0$0$0
Note rate4.070%4.070%7.400%
Blended rate4.920%6.082%7.640%
1st payment$1,791.68$1,791.68$3,551.29
2nd payment$0.00$1,290.32$0.00
Taxes / mo$474.92$474.92$474.92
Insurance / mo$166.67$166.67$166.67
MI / mo$263.60$263.60$102.58
HOA / mo$11.08$11.08$11.08
Total monthly$2,707.94$3,998.26$4,306.53
Cash to close$250,538$56,990$56,990