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$539,649$539,649$701,100
Remaining term (yrs)24.524.530.0
Secondary amount$0$161,451$0
Funding fee$0$0$0
Note rate3.000%3.000%7.400%
Blended rate3.850%4.806%7.640%
1st payment$2,582.32$2,582.32$4,854.27
2nd payment$0.00$1,076.34$0.00
Taxes / mo$649.17$649.17$649.17
Insurance / mo$216.67$216.67$216.67
MI / mo$433.85$433.85$140.22
HOA / mo$0.00$0.00$0.00
Total monthly$3,882.01$4,958.35$5,860.33
Cash to close$239,351$77,900$77,900