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$492,968$492,968$899,100
Remaining term (yrs)19.719.730.0
Secondary amount$0$406,132$0
Funding fee$0$0$0
Note rate3.720%3.720%7.400%
Blended rate4.570%6.006%7.640%
1st payment$2,931.58$2,931.58$6,225.19
2nd payment$0.00$2,622.94$0.00
Taxes / mo$832.50$832.50$832.50
Insurance / mo$216.67$216.67$216.67
MI / mo$450.04$450.04$179.82
HOA / mo$213.00$213.00$213.00
Total monthly$4,643.78$7,266.72$7,667.17
Cash to close$506,032$99,900$99,900