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$379,733$379,733$540,000
Remaining term (yrs)25.625.630.0
Secondary amount$0$160,267$0
Funding fee$0$0$0
Note rate4.720%4.720%7.400%
Blended rate5.570%6.291%7.640%
1st payment$2,125.53$2,125.53$3,738.85
2nd payment$0.00$1,068.45$0.00
Taxes / mo$500.00$500.00$500.00
Insurance / mo$166.67$166.67$166.67
MI / mo$289.62$289.62$108.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,081.83$4,150.28$4,513.52
Cash to close$220,267$60,000$60,000