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$289,046$289,046$486,000
Remaining term (yrs)23.823.830.0
Secondary amount$0$196,954$0
Funding fee$0$0$0
Note rate3.160%3.160%7.320%
Blended rate4.010%5.627%7.560%
1st payment$1,436.46$1,436.46$3,338.48
2nd payment$0.00$1,313.03$0.00
Taxes / mo$450.00$450.00$450.00
Insurance / mo$166.67$166.67$166.67
MI / mo$236.47$236.47$97.20
HOA / mo$0.00$0.00$0.00
Total monthly$2,289.60$3,602.62$4,052.35
Cash to close$250,954$54,000$54,000