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$543,941$543,941$877,410
Remaining term (yrs)24.224.230.0
Secondary amount$0$333,469$0
Funding fee$0$0$0
Note rate2.720%2.720%7.320%
Blended rate3.570%5.159%7.560%
1st payment$2,548.83$2,548.83$6,027.20
2nd payment$0.00$2,153.65$0.00
Taxes / mo$812.42$812.42$812.42
Insurance / mo$216.67$216.67$216.67
MI / mo$443.97$443.97$175.48
HOA / mo$0.00$0.00$0.00
Total monthly$4,021.88$6,175.53$7,231.76
Cash to close$430,959$97,490$97,490