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$472,536$472,536$899,500
Remaining term (yrs)23.323.330.0
Secondary amount$0$426,963$0
Funding fee$0$0$0
Note rate3.500%3.500%7.320%
Blended rate4.350%5.964%7.560%
1st payment$2,460.50$2,460.50$6,178.94
2nd payment$0.00$2,757.47$0.00
Taxes / mo$347.25$347.25$347.25
Insurance / mo$216.67$216.67$216.67
MI / mo$388.13$388.13$179.90
HOA / mo$95.00$95.00$95.00
Total monthly$3,507.55$6,265.02$7,017.75
Cash to close$526,908$99,944$99,944