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$355,761$355,761$468,000
Remaining term (yrs)23.623.630.0
Secondary amount$0$112,239$0
Funding fee$0$0$0
Note rate3.260%3.260%7.400%
Blended rate4.110%5.043%7.640%
1st payment$1,794.88$1,794.88$3,240.34
2nd payment$0.00$748.26$0.00
Taxes / mo$511.08$511.08$511.08
Insurance / mo$166.67$166.67$166.67
MI / mo$291.76$291.76$93.60
HOA / mo$75.00$75.00$75.00
Total monthly$2,839.39$3,587.66$4,086.69
Cash to close$164,239$52,000$52,000