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$218,816$218,816$715,410
Remaining term (yrs)20.120.130.0
Secondary amount$0$496,594$0
Funding fee$0$0$0
Note rate3.540%3.540%7.320%
Blended rate4.390%6.722%7.560%
1st payment$1,262.74$1,262.74$4,914.37
2nd payment$0.00$3,207.17$0.00
Taxes / mo$484.08$484.08$484.08
Insurance / mo$216.67$216.67$216.67
MI / mo$198.20$198.20$143.08
HOA / mo$0.00$0.00$0.00
Total monthly$2,161.69$5,368.86$5,758.20
Cash to close$576,084$79,490$79,490