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$199,253$199,253$495,000
Remaining term (yrs)20.020.030.0
Secondary amount$0$295,747$0
Funding fee$0$0$0
Note rate2.860%2.860%7.320%
Blended rate3.710%6.124%7.560%
1st payment$1,084.46$1,084.46$3,400.31
2nd payment$0.00$1,910.03$0.00
Taxes / mo$109.12$109.12$109.12
Insurance / mo$166.67$166.67$166.67
MI / mo$168.95$168.95$99.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,529.19$3,439.22$3,775.09
Cash to close$350,747$55,000$55,000