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$495,647$495,647$548,910
Remaining term (yrs)24.824.830.0
Secondary amount$0$53,263$0
Funding fee$0$0$0
Note rate2.880%2.880%7.400%
Blended rate3.730%4.241%7.640%
1st payment$2,324.89$2,324.89$3,800.54
2nd payment$0.00$399.47$0.00
Taxes / mo$508.25$508.25$508.25
Insurance / mo$166.67$166.67$166.67
MI / mo$396.67$396.67$109.78
HOA / mo$630.00$630.00$630.00
Total monthly$4,026.48$4,425.95$5,215.24
Cash to close$114,253$60,990$60,990