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$258,308$258,308$409,410
Remaining term (yrs)21.321.330.0
Secondary amount$0$151,102$0
Funding fee$0$0$0
Note rate3.950%3.950%7.400%
Blended rate4.800%5.981%7.640%
1st payment$1,491.01$1,491.01$2,834.67
2nd payment$0.00$1,007.35$0.00
Taxes / mo$403.17$403.17$403.17
Insurance / mo$166.67$166.67$166.67
MI / mo$222.56$222.56$81.88
HOA / mo$74.00$74.00$74.00
Total monthly$2,357.41$3,364.76$3,560.39
Cash to close$196,592$45,490$45,490