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$351,256$351,256$701,100
Remaining term (yrs)24.324.330.0
Secondary amount$0$349,844$0
Funding fee$0$0$0
Note rate2.670%2.670%7.320%
Blended rate3.520%5.631%7.560%
1st payment$1,633.05$1,633.05$4,816.07
2nd payment$0.00$2,259.41$0.00
Taxes / mo$649.17$649.17$649.17
Insurance / mo$216.67$216.67$216.67
MI / mo$286.31$286.31$140.22
HOA / mo$480.00$480.00$480.00
Total monthly$3,265.19$5,524.60$6,302.12
Cash to close$427,744$77,900$77,900