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$292,543$292,543$422,999
Remaining term (yrs)23.423.430.0
Secondary amount$0$130,456$0
Funding fee$0$0$0
Note rate3.720%3.720%7.320%
Blended rate4.570%5.628%7.560%
1st payment$1,557.58$1,557.58$2,905.71
2nd payment$0.00$869.71$0.00
Taxes / mo$844.54$844.54$844.54
Insurance / mo$166.67$166.67$166.67
MI / mo$239.11$239.11$84.60
HOA / mo$8.92$8.92$8.92
Total monthly$2,816.81$3,686.52$4,010.44
Cash to close$177,456$47,000$47,000