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$291,294$291,294$472,500
Remaining term (yrs)22.722.730.0
Secondary amount$0$181,206$0
Funding fee$0$0$0
Note rate3.990%3.990%7.320%
Blended rate4.840%6.052%7.560%
1st payment$1,621.58$1,621.58$3,245.75
2nd payment$0.00$1,208.04$0.00
Taxes / mo$437.50$437.50$437.50
Insurance / mo$166.67$166.67$166.67
MI / mo$240.88$240.88$94.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,466.62$3,674.67$3,944.41
Cash to close$233,706$52,500$52,500