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$727,040$727,040$855,000
Remaining term (yrs)25.425.430.0
Secondary amount$0$127,960$0
Funding fee$0$0$0
Note rate3.550%3.550%7.400%
Blended rate4.400%4.939%7.640%
1st payment$3,614.72$3,614.72$5,919.85
2nd payment$0.00$853.07$0.00
Taxes / mo$791.67$791.67$791.67
Insurance / mo$216.67$216.67$216.67
MI / mo$566.67$566.67$171.00
HOA / mo$0.00$0.00$0.00
Total monthly$5,189.72$6,042.79$7,099.18
Cash to close$222,960$95,000$95,000