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$434,484$434,484$584,991
Remaining term (yrs)24.624.630.0
Secondary amount$0$150,507$0
Funding fee$0$0$0
Note rate3.060%3.060%7.400%
Blended rate3.910%4.962%7.640%
1st payment$2,087.92$2,087.92$4,050.36
2nd payment$0.00$1,003.38$0.00
Taxes / mo$541.66$541.66$541.66
Insurance / mo$166.67$166.67$166.67
MI / mo$348.11$348.11$117.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,144.36$4,147.74$4,875.68
Cash to close$215,506$64,999$64,999