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$43,627$43,627$517,499
Remaining term (yrs)16.616.630.0
Secondary amount$0$473,872$0
Funding fee$0$0$0
Note rate3.340%3.340%7.320%
Blended rate4.190%7.450%7.560%
1st payment$283.69$283.69$3,554.86
2nd payment$0.00$3,060.42$0.00
Taxes / mo$285.00$285.00$285.00
Insurance / mo$166.67$166.67$166.67
MI / mo$45.65$45.65$103.50
HOA / mo$20.00$20.00$20.00
Total monthly$801.01$3,861.43$4,130.03
Cash to close$531,372$57,500$57,500