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$397,127$397,127$450,000
Remaining term (yrs)25.225.230.0
Secondary amount$0$52,873$0
Funding fee$0$0$0
Note rate2.750%2.750%7.320%
Blended rate3.600%4.234%7.560%
1st payment$1,815.23$1,815.23$3,091.19
2nd payment$0.00$396.54$0.00
Taxes / mo$157.17$157.17$157.17
Insurance / mo$166.67$166.67$166.67
MI / mo$314.96$314.96$90.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,454.02$2,850.57$3,505.02
Cash to close$102,873$50,000$50,000