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$355,612$355,612$391,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$35,888$0
Funding fee$0$0$0
Note rate3.250%3.250%7.400%
Blended rate4.100%4.549%7.640%
1st payment$1,752.02$1,752.02$2,710.67
2nd payment$0.00$269.16$0.00
Taxes / mo$502.58$502.58$502.58
Insurance / mo$150.00$150.00$150.00
MI / mo$285.16$285.16$78.30
HOA / mo$0.00$0.00$0.00
Total monthly$2,689.76$2,958.92$3,441.55
Cash to close$79,388$43,500$43,500