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$329,799$329,799$382,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$52,701$0
Funding fee$0$0$0
Note rate2.680%2.680%7.320%
Blended rate3.530%4.284%7.560%
1st payment$1,531.26$1,531.26$2,627.51
2nd payment$0.00$395.26$0.00
Taxes / mo$422.25$422.25$422.25
Insurance / mo$150.00$150.00$150.00
MI / mo$268.12$268.12$76.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,371.63$2,766.89$3,276.26
Cash to close$95,201$42,500$42,500