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$320,236$320,236$395,100
Remaining term (yrs)24.724.730.0
Secondary amount$0$74,864$0
Funding fee$0$0$0
Note rate2.940%2.940%7.400%
Blended rate3.790%4.777%7.640%
1st payment$1,515.48$1,515.48$2,735.59
2nd payment$0.00$561.48$0.00
Taxes / mo$365.83$365.83$365.83
Insurance / mo$150.00$150.00$150.00
MI / mo$256.58$256.58$79.02
HOA / mo$0.00$0.00$0.00
Total monthly$2,287.89$2,849.38$3,330.45
Cash to close$118,764$43,900$43,900