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$381,740$381,740$755,955
Remaining term (yrs)18.618.630.0
Secondary amount$0$374,215$0
Funding fee$0$0$0
Note rate2.460%2.460%7.400%
Blended rate3.310%5.508%7.640%
1st payment$2,119.59$2,119.59$5,234.08
2nd payment$0.00$2,416.80$0.00
Taxes / mo$699.96$699.96$699.96
Insurance / mo$216.67$216.67$216.67
MI / mo$381.99$381.99$151.19
HOA / mo$0.00$0.00$0.00
Total monthly$3,418.20$5,835.00$6,301.90
Cash to close$458,210$83,995$83,995