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$252,927$252,927$553,410
Remaining term (yrs)24.424.430.0
Secondary amount$0$300,483$0
Funding fee$0$0$0
Note rate2.730%2.730%7.400%
Blended rate3.580%5.844%7.640%
1st payment$1,180.78$1,180.78$3,831.70
2nd payment$0.00$1,940.62$0.00
Taxes / mo$144.90$144.90$144.90
Insurance / mo$166.67$166.67$166.67
MI / mo$205.41$205.41$110.68
HOA / mo$31.67$31.67$31.67
Total monthly$1,729.42$3,670.04$4,285.62
Cash to close$361,973$61,490$61,490