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$21,314$21,314$503,899
Remaining term (yrs)21.621.630.0
Secondary amount$0$482,585$0
Funding fee$0$0$0
Note rate3.100%3.100%7.400%
Blended rate3.950%7.589%7.640%
1st payment$112.37$112.37$3,488.90
2nd payment$0.00$3,116.70$0.00
Taxes / mo$466.57$466.57$466.57
Insurance / mo$166.67$166.67$166.67
MI / mo$17.03$17.03$100.78
HOA / mo$0.00$0.00$0.00
Total monthly$762.64$3,879.34$4,222.92
Cash to close$538,574$55,989$55,989