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$204,640$204,640$1,035,000
Remaining term (yrs)12.912.930.0
Secondary amount$0$830,360$0
Funding fee$0$0$0
Note rate3.550%3.550%7.400%
Blended rate4.400%7.088%7.640%
1st payment$1,639.60$1,639.60$7,166.13
2nd payment$0.00$5,362.74$0.00
Taxes / mo$958.33$958.33$958.33
Insurance / mo$216.67$216.67$216.67
MI / mo$241.83$241.83$207.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,056.42$8,419.16$8,548.13
Cash to close$945,360$115,000$115,000