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$484,072$484,072$1,204,200
Remaining term (yrs)19.119.130.0
Secondary amount$0$720,128$0
Funding fee$0$0$0
Note rate3.730%3.730%7.320%
Blended rate4.580%6.476%7.560%
1st payment$2,940.26$2,940.26$8,272.02
2nd payment$0.00$4,650.83$0.00
Taxes / mo$1,115.00$1,115.00$1,115.00
Insurance / mo$216.67$216.67$216.67
MI / mo$450.82$450.82$240.84
HOA / mo$230.00$230.00$230.00
Total monthly$4,952.75$9,603.57$10,074.53
Cash to close$853,928$133,800$133,800