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$290,634$290,634$431,550
Remaining term (yrs)18.918.930.0
Secondary amount$0$140,916$0
Funding fee$0$0$0
Note rate3.360%3.360%7.400%
Blended rate4.210%5.448%7.640%
1st payment$1,720.94$1,720.94$2,987.97
2nd payment$0.00$939.44$0.00
Taxes / mo$181.67$181.67$181.67
Insurance / mo$166.67$166.67$166.67
MI / mo$276.25$276.25$86.31
HOA / mo$0.00$0.00$0.00
Total monthly$2,345.52$3,284.96$3,422.61
Cash to close$188,866$47,950$47,950