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$518,730$518,730$719,999
Remaining term (yrs)24.824.830.0
Secondary amount$0$201,269$0
Funding fee$0$0$0
Note rate2.880%2.880%7.400%
Blended rate3.730%4.854%7.640%
1st payment$2,433.17$2,433.17$4,985.13
2nd payment$0.00$1,299.86$0.00
Taxes / mo$393.25$393.25$393.25
Insurance / mo$216.67$216.67$216.67
MI / mo$415.14$415.14$144.00
HOA / mo$105.00$105.00$105.00
Total monthly$3,563.23$4,863.09$5,844.04
Cash to close$281,269$80,000$80,000