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$166,226$166,226$765,000
Remaining term (yrs)22.122.130.0
Secondary amount$0$598,774$0
Funding fee$0$0$0
Note rate3.700%3.700%7.400%
Blended rate4.550%7.055%7.640%
1st payment$914.51$914.51$5,296.71
2nd payment$0.00$3,867.08$0.00
Taxes / mo$230.17$230.17$230.17
Insurance / mo$216.67$216.67$216.67
MI / mo$138.13$138.13$153.00
HOA / mo$29.17$29.17$29.17
Total monthly$1,528.64$5,395.72$5,925.71
Cash to close$683,774$85,000$85,000