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$298,910$298,910$503,100
Remaining term (yrs)22.922.930.0
Secondary amount$0$204,190$0
Funding fee$0$0$0
Note rate3.750%3.750%7.320%
Blended rate4.600%5.878%7.560%
1st payment$1,614.28$1,614.28$3,455.95
2nd payment$0.00$1,318.73$0.00
Taxes / mo$465.83$465.83$465.83
Insurance / mo$166.67$166.67$166.67
MI / mo$246.90$246.90$100.62
HOA / mo$0.00$0.00$0.00
Total monthly$2,493.69$3,812.41$4,189.07
Cash to close$260,090$55,900$55,900