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$426,036$426,036$494,997
Remaining term (yrs)25.425.430.0
Secondary amount$0$68,962$0
Funding fee$0$0$0
Note rate3.760%3.760%7.320%
Blended rate4.610%5.222%7.560%
1st payment$2,162.60$2,162.60$3,400.29
2nd payment$0.00$517.21$0.00
Taxes / mo$458.33$458.33$458.33
Insurance / mo$166.67$166.67$166.67
MI / mo$330.36$330.36$99.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,117.96$3,635.17$4,124.28
Cash to close$123,961$55,000$55,000