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$224,229$224,229$449,910
Remaining term (yrs)25.425.430.0
Secondary amount$0$225,681$0
Funding fee$0$0$0
Note rate3.760%3.760%7.320%
Blended rate4.610%6.185%7.560%
1st payment$1,138.21$1,138.21$3,090.57
2nd payment$0.00$1,457.53$0.00
Taxes / mo$73.50$73.50$73.50
Insurance / mo$166.67$166.67$166.67
MI / mo$173.88$173.88$89.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,552.25$3,009.77$3,420.72
Cash to close$275,671$49,990$49,990