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$496,979$496,979$675,000
Remaining term (yrs)24.924.930.0
Secondary amount$0$178,021$0
Funding fee$0$0$0
Note rate2.990%2.990%7.400%
Blended rate3.840%4.937%7.640%
1st payment$2,348.89$2,348.89$4,673.56
2nd payment$0.00$1,186.81$0.00
Taxes / mo$255.83$255.83$255.83
Insurance / mo$216.67$216.67$216.67
MI / mo$395.14$395.14$135.00
HOA / mo$2.92$2.92$2.92
Total monthly$3,219.44$4,406.25$5,283.98
Cash to close$253,021$75,000$75,000