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$255,726$255,726$539,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$283,374$0
Funding fee$0$0$0
Note rate2.810%2.810%7.400%
Blended rate3.660%5.810%7.640%
1st payment$1,201.46$1,201.46$3,732.62
2nd payment$0.00$1,830.13$0.00
Taxes / mo$212.67$212.67$212.67
Insurance / mo$166.67$166.67$166.67
MI / mo$206.85$206.85$107.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,787.64$3,617.76$4,219.77
Cash to close$343,274$59,900$59,900