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$536,179$536,179$629,969
Remaining term (yrs)24.624.630.0
Secondary amount$0$93,789$0
Funding fee$0$0$0
Note rate2.990%2.990%7.400%
Blended rate3.840%4.608%7.640%
1st payment$2,557.10$2,557.10$4,361.77
2nd payment$0.00$703.42$0.00
Taxes / mo$330.25$330.25$330.25
Insurance / mo$166.67$166.67$166.67
MI / mo$430.17$430.17$125.99
HOA / mo$0.00$0.00$0.00
Total monthly$3,484.19$4,187.60$4,984.69
Cash to close$163,786$69,997$69,997