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$271,321$271,321$584,910
Remaining term (yrs)23.523.530.0
Secondary amount$0$313,589$0
Funding fee$0$0$0
Note rate3.470%3.470%7.400%
Blended rate4.320%6.159%7.640%
1st payment$1,402.05$1,402.05$4,049.80
2nd payment$0.00$2,025.26$0.00
Taxes / mo$246.92$246.92$246.92
Insurance / mo$166.67$166.67$166.67
MI / mo$221.99$221.99$116.98
HOA / mo$45.00$45.00$45.00
Total monthly$2,082.62$4,107.88$4,625.36
Cash to close$378,579$64,990$64,990