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$175,475$175,475$449,999
Remaining term (yrs)20.920.930.0
Secondary amount$0$274,524$0
Funding fee$0$0$0
Note rate3.970%3.970%7.320%
Blended rate4.820%6.607%7.560%
1st payment$1,027.56$1,027.56$3,091.18
2nd payment$0.00$1,772.97$0.00
Taxes / mo$416.67$416.67$416.67
Insurance / mo$166.67$166.67$166.67
MI / mo$153.01$153.01$90.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,763.90$3,536.86$3,764.51
Cash to close$324,524$50,000$50,000