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$384,925$384,925$1,619,999
Remaining term (yrs)19.919.930.0
Secondary amount$0$1,235,074$0
Funding fee$0$0$0
Note rate3.420%3.420%7.400%
Blended rate4.270%6.923%7.640%
1st payment$2,216.62$2,216.62$11,216.55
2nd payment$0.00$7,976.52$0.00
Taxes / mo$1,500.00$1,500.00$1,500.00
Insurance / mo$216.67$216.67$216.67
MI / mo$353.16$353.16$324.00
HOA / mo$145.00$145.00$145.00
Total monthly$4,431.44$12,407.96$13,402.21
Cash to close$1,415,074$180,000$180,000