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$606,151$606,151$765,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$158,849$0
Funding fee$0$0$0
Note rate2.770%2.770%7.320%
Blended rate3.620%4.529%7.560%
1st payment$2,842.16$2,842.16$5,255.02
2nd payment$0.00$1,058.99$0.00
Taxes / mo$369.42$369.42$369.42
Insurance / mo$216.67$216.67$216.67
MI / mo$491.86$491.86$153.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,920.10$4,979.09$5,994.10
Cash to close$243,849$85,000$85,000