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$324,194$324,194$557,999
Remaining term (yrs)20.420.430.0
Secondary amount$0$233,805$0
Funding fee$0$0$0
Note rate4.300%4.300%7.400%
Blended rate5.150%6.239%7.640%
1st payment$1,985.17$1,985.17$3,863.47
2nd payment$0.00$1,509.99$0.00
Taxes / mo$516.67$516.67$516.67
Insurance / mo$166.67$166.67$166.67
MI / mo$284.15$284.15$111.60
HOA / mo$73.00$73.00$73.00
Total monthly$3,025.65$4,535.64$4,731.41
Cash to close$295,805$62,000$62,000