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$265,174$265,174$449,100
Remaining term (yrs)23.023.030.0
Secondary amount$0$183,926$0
Funding fee$0$0$0
Note rate3.640%3.640%7.400%
Blended rate4.490%5.928%7.640%
1st payment$1,413.27$1,413.27$3,109.48
2nd payment$0.00$1,226.18$0.00
Taxes / mo$206.83$206.83$206.83
Insurance / mo$166.67$166.67$166.67
MI / mo$219.10$219.10$89.82
HOA / mo$20.83$20.83$20.83
Total monthly$2,026.70$3,252.88$3,593.63
Cash to close$233,826$49,900$49,900