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$341,369$341,369$459,000
Remaining term (yrs)22.522.530.0
Secondary amount$0$117,631$0
Funding fee$0$0$0
Note rate4.270%4.270%7.400%
Blended rate5.120%5.858%7.640%
1st payment$1,960.93$1,960.93$3,178.02
2nd payment$0.00$784.21$0.00
Taxes / mo$425.00$425.00$425.00
Insurance / mo$166.67$166.67$166.67
MI / mo$281.68$281.68$91.80
HOA / mo$0.00$0.00$0.00
Total monthly$2,834.27$3,618.48$3,861.49
Cash to close$168,631$51,000$51,000