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$0$0$448,200
Remaining term (yrs)15.415.430.0
Secondary amount$0$448,200$0
Funding fee$0$0$0
Note rate3.000%3.000%7.400%
Blended rate3.850%7.750%7.640%
1st payment$0.00$0.00$3,103.25
2nd payment$0.00$2,894.63$0.00
Taxes / mo$415.00$415.00$415.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.64
HOA / mo$375.00$375.00$375.00
Total monthly$956.67$3,851.29$4,149.55
Cash to close$498,000$49,800$49,800