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$374,079$374,079$539,910
Remaining term (yrs)23.623.630.0
Secondary amount$0$165,831$0
Funding fee$0$0$0
Note rate3.330%3.330%7.400%
Blended rate4.180%5.353%7.640%
1st payment$1,901.03$1,901.03$3,738.23
2nd payment$0.00$1,105.54$0.00
Taxes / mo$499.92$499.92$499.92
Insurance / mo$166.67$166.67$166.67
MI / mo$306.31$306.31$107.98
HOA / mo$355.00$355.00$355.00
Total monthly$3,228.93$4,334.47$4,867.79
Cash to close$225,821$59,990$59,990