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$233,055$233,055$855,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$621,945$0
Funding fee$0$0$0
Note rate2.740%2.740%7.400%
Blended rate3.590%6.616%7.640%
1st payment$1,089.19$1,089.19$5,919.85
2nd payment$0.00$4,016.73$0.00
Taxes / mo$564.17$564.17$564.17
Insurance / mo$216.67$216.67$216.67
MI / mo$189.23$189.23$171.00
HOA / mo$55.00$55.00$55.00
Total monthly$2,114.26$6,130.99$6,926.68
Cash to close$716,945$95,000$95,000