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$220,168$220,168$494,100
Remaining term (yrs)25.125.130.0
Secondary amount$0$273,932$0
Funding fee$0$0$0
Note rate2.900%2.900%7.320%
Blended rate3.750%5.968%7.560%
1st payment$1,025.68$1,025.68$3,394.12
2nd payment$0.00$1,769.15$0.00
Taxes / mo$858.99$858.99$858.99
Insurance / mo$166.67$166.67$166.67
MI / mo$174.55$174.55$98.82
HOA / mo$4.17$4.17$4.17
Total monthly$2,230.06$3,999.21$4,522.77
Cash to close$328,832$54,900$54,900