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$421,672$421,672$1,341,000
Remaining term (yrs)23.123.130.0
Secondary amount$0$919,328$0
Funding fee$0$0$0
Note rate3.490%3.490%7.320%
Blended rate4.340%6.678%7.560%
1st payment$2,208.66$2,208.66$9,211.74
2nd payment$0.00$5,937.32$0.00
Taxes / mo$1,241.67$1,241.67$1,241.67
Insurance / mo$216.67$216.67$216.67
MI / mo$348.83$348.83$268.20
HOA / mo$0.00$0.00$0.00
Total monthly$4,015.83$9,953.15$10,938.27
Cash to close$1,068,328$149,000$149,000