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$443,479$443,479$610,200
Remaining term (yrs)23.823.830.0
Secondary amount$0$166,721$0
Funding fee$0$0$0
Note rate3.130%3.130%7.400%
Blended rate3.980%5.078%7.640%
1st payment$2,197.01$2,197.01$4,224.90
2nd payment$0.00$1,111.47$0.00
Taxes / mo$565.00$565.00$565.00
Insurance / mo$166.67$166.67$166.67
MI / mo$363.05$363.05$122.04
HOA / mo$0.00$0.00$0.00
Total monthly$3,291.73$4,403.20$5,078.61
Cash to close$234,521$67,800$67,800