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$278,062$278,062$747,000
Remaining term (yrs)18.518.530.0
Secondary amount$0$468,938$0
Funding fee$0$0$0
Note rate3.750%3.750%7.400%
Blended rate4.600%6.577%7.640%
1st payment$1,727.96$1,727.96$5,172.08
2nd payment$0.00$3,028.56$0.00
Taxes / mo$691.67$691.67$691.67
Insurance / mo$216.67$216.67$216.67
MI / mo$264.29$264.29$149.40
HOA / mo$0.00$0.00$0.00
Total monthly$2,900.59$5,929.14$6,229.81
Cash to close$551,938$83,000$83,000