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$189,627$189,627$629,100
Remaining term (yrs)16.216.230.0
Secondary amount$0$439,473$0
Funding fee$0$0$0
Note rate3.380%3.380%7.400%
Blended rate4.230%6.689%7.640%
1st payment$1,260.32$1,260.32$4,355.76
2nd payment$0.00$2,838.26$0.00
Taxes / mo$486.08$486.08$486.08
Insurance / mo$166.67$166.67$166.67
MI / mo$201.80$201.80$125.82
HOA / mo$2.50$2.50$2.50
Total monthly$2,117.37$4,955.64$5,136.83
Cash to close$509,373$69,900$69,900