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$336,790$336,790$477,000
Remaining term (yrs)24.324.330.0
Secondary amount$0$140,210$0
Funding fee$0$0$0
Note rate2.770%2.770%7.320%
Blended rate3.620%4.907%7.560%
1st payment$1,579.16$1,579.16$3,276.66
2nd payment$0.00$934.73$0.00
Taxes / mo$441.67$441.67$441.67
Insurance / mo$166.67$166.67$166.67
MI / mo$273.29$273.29$95.40
HOA / mo$555.00$555.00$555.00
Total monthly$3,015.78$3,950.52$4,535.39
Cash to close$193,210$53,000$53,000