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$324,810$324,810$417,600
Remaining term (yrs)25.125.130.0
Secondary amount$0$92,790$0
Funding fee$0$0$0
Note rate3.050%3.050%7.400%
Blended rate3.900%5.033%7.640%
1st payment$1,538.52$1,538.52$2,891.38
2nd payment$0.00$695.92$0.00
Taxes / mo$615.32$615.32$615.32
Insurance / mo$166.67$166.67$166.67
MI / mo$256.84$256.84$83.52
HOA / mo$0.00$0.00$0.00
Total monthly$2,577.35$3,273.28$3,756.89
Cash to close$139,190$46,400$46,400