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$410,995$410,995$472,500
Remaining term (yrs)27.927.930.0
Secondary amount$0$61,505$0
Funding fee$0$0$0
Note rate4.250%4.250%7.400%
Blended rate4.800%5.347%7.640%
1st payment$2,090.74$2,090.74$3,271.49
2nd payment$0.00$461.29$0.00
Taxes / mo$367.00$367.00$367.00
Insurance / mo$166.67$166.67$166.67
MI / mo$194.79$194.79$94.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,819.20$3,280.49$3,899.66
Cash to close$114,005$52,500$52,500