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$362,561$362,561$629,955
Remaining term (yrs)18.718.730.0
Secondary amount$0$267,394$0
Funding fee$0$0$0
Note rate3.670%3.670%7.400%
Blended rate4.520%5.891%7.640%
1st payment$2,224.39$2,224.39$4,361.68
2nd payment$0.00$1,726.92$0.00
Taxes / mo$583.29$583.29$583.29
Insurance / mo$166.67$166.67$166.67
MI / mo$343.58$343.58$125.99
HOA / mo$0.00$0.00$0.00
Total monthly$3,317.93$5,044.85$5,237.63
Cash to close$337,389$69,995$69,995