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$293,387$293,387$674,100
Remaining term (yrs)23.523.530.0
Secondary amount$0$380,713$0
Funding fee$0$0$0
Note rate3.650%3.650%7.320%
Blended rate4.500%6.336%7.560%
1st payment$1,544.18$1,544.18$4,630.60
2nd payment$0.00$2,458.77$0.00
Taxes / mo$824.50$824.50$824.50
Insurance / mo$216.67$216.67$216.67
MI / mo$239.10$239.10$134.82
HOA / mo$243.00$243.00$243.00
Total monthly$3,067.45$5,526.22$6,049.59
Cash to close$455,613$74,900$74,900