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$319,184$319,184$538,650
Remaining term (yrs)20.920.930.0
Secondary amount$0$219,466$0
Funding fee$0$0$0
Note rate3.900%3.900%7.320%
Blended rate4.750%5.972%7.560%
1st payment$1,852.50$1,852.50$3,700.15
2nd payment$0.00$1,417.38$0.00
Taxes / mo$360.75$360.75$360.75
Insurance / mo$166.67$166.67$166.67
MI / mo$278.20$278.20$107.73
HOA / mo$0.00$0.00$0.00
Total monthly$2,658.12$4,075.50$4,335.30
Cash to close$279,316$59,850$59,850