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$258,932$258,932$292,410
Remaining term (yrs)23.923.930.0
Secondary amount$0$33,478$0
Funding fee$0$0$0
Note rate2.990%2.990%7.400%
Blended rate3.840%4.431%7.640%
1st payment$1,260.98$1,260.98$2,024.59
2nd payment$0.00$251.08$0.00
Taxes / mo$329.00$329.00$329.00
Insurance / mo$150.00$150.00$150.00
MI / mo$212.13$212.13$58.48
HOA / mo$407.00$407.00$407.00
Total monthly$2,359.11$2,610.19$2,969.07
Cash to close$65,968$32,490$32,490