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$322,413$322,413$558,000
Remaining term (yrs)24.724.730.0
Secondary amount$0$235,587$0
Funding fee$0$0$0
Note rate3.060%3.060%7.400%
Blended rate3.910%5.531%7.640%
1st payment$1,545.88$1,545.88$3,863.48
2nd payment$0.00$1,521.50$0.00
Taxes / mo$516.67$516.67$516.67
Insurance / mo$166.67$166.67$166.67
MI / mo$257.74$257.74$111.60
HOA / mo$0.00$0.00$0.00
Total monthly$2,486.95$4,008.46$4,658.41
Cash to close$297,587$62,000$62,000