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$179,493$179,493$701,100
Remaining term (yrs)20.220.230.0
Secondary amount$0$521,607$0
Funding fee$0$0$0
Note rate3.940%3.940%7.320%
Blended rate4.790%6.992%7.560%
1st payment$1,070.37$1,070.37$4,816.07
2nd payment$0.00$3,368.71$0.00
Taxes / mo$487.90$487.90$487.90
Insurance / mo$216.67$216.67$216.67
MI / mo$159.97$159.97$140.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,934.90$5,303.61$5,660.85
Cash to close$599,507$77,900$77,900