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$255,041$255,041$459,000
Remaining term (yrs)23.623.630.0
Secondary amount$0$203,959$0
Funding fee$0$0$0
Note rate3.310%3.310%7.400%
Blended rate4.160%5.755%7.640%
1st payment$1,293.41$1,293.41$3,178.02
2nd payment$0.00$1,317.24$0.00
Taxes / mo$277.85$277.85$277.85
Insurance / mo$166.67$166.67$166.67
MI / mo$208.93$208.93$91.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,946.86$3,264.10$3,714.34
Cash to close$254,959$51,000$51,000