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$353,521$353,521$665,100
Remaining term (yrs)21.521.530.0
Secondary amount$0$311,579$0
Funding fee$0$0$0
Note rate4.440%4.440%7.320%
Blended rate5.290%6.442%7.560%
1st payment$2,119.31$2,119.31$4,568.78
2nd payment$0.00$2,012.28$0.00
Taxes / mo$615.83$615.83$615.83
Insurance / mo$216.67$216.67$216.67
MI / mo$298.37$298.37$133.02
HOA / mo$0.00$0.00$0.00
Total monthly$3,250.19$5,262.47$5,534.30
Cash to close$385,479$73,900$73,900