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$412,326$412,326$539,910
Remaining term (yrs)25.525.530.0
Secondary amount$0$127,584$0
Funding fee$0$0$0
Note rate4.670%4.670%7.400%
Blended rate5.520%6.106%7.640%
1st payment$2,299.92$2,299.92$3,738.23
2nd payment$0.00$850.56$0.00
Taxes / mo$272.58$272.58$272.58
Insurance / mo$166.67$166.67$166.67
MI / mo$315.21$315.21$107.98
HOA / mo$35.00$35.00$35.00
Total monthly$3,089.38$3,939.94$4,320.46
Cash to close$187,574$59,990$59,990