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$556,788$556,788$809,910
Remaining term (yrs)24.524.530.0
Secondary amount$0$253,122$0
Funding fee$0$0$0
Note rate3.090%3.090%7.400%
Blended rate3.940%5.131%7.640%
1st payment$2,690.41$2,690.41$5,607.65
2nd payment$0.00$1,634.75$0.00
Taxes / mo$749.92$749.92$749.92
Insurance / mo$216.67$216.67$216.67
MI / mo$446.85$446.85$161.98
HOA / mo$0.00$0.00$0.00
Total monthly$4,103.84$5,738.59$6,736.22
Cash to close$343,112$89,990$89,990