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$419,550$419,550$616,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$196,950$0
Funding fee$0$0$0
Note rate2.980%2.980%7.400%
Blended rate3.830%5.162%7.640%
1st payment$1,989.66$1,989.66$4,268.52
2nd payment$0.00$1,313.00$0.00
Taxes / mo$570.83$570.83$570.83
Insurance / mo$166.67$166.67$166.67
MI / mo$335.14$335.14$123.30
HOA / mo$0.00$0.00$0.00
Total monthly$3,062.30$4,375.30$5,129.32
Cash to close$265,450$68,500$68,500