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$319,187$319,187$427,500
Remaining term (yrs)22.822.830.0
Secondary amount$0$108,313$0
Funding fee$0$0$0
Note rate3.840%3.840%7.400%
Blended rate4.690%5.529%7.640%
1st payment$1,747.07$1,747.07$2,959.92
2nd payment$0.00$722.09$0.00
Taxes / mo$250.00$250.00$250.00
Insurance / mo$166.67$166.67$166.67
MI / mo$264.29$264.29$85.50
HOA / mo$45.00$45.00$45.00
Total monthly$2,473.03$3,195.12$3,507.09
Cash to close$155,813$47,500$47,500