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$291,236$291,236$476,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$184,864$0
Funding fee$0$0$0
Note rate2.680%2.680%7.400%
Blended rate3.530%5.266%7.640%
1st payment$1,352.22$1,352.22$3,296.42
2nd payment$0.00$1,232.42$0.00
Taxes / mo$510.92$510.92$510.92
Insurance / mo$166.67$166.67$166.67
MI / mo$236.77$236.77$95.22
HOA / mo$86.67$86.67$86.67
Total monthly$2,353.24$3,585.66$4,155.89
Cash to close$237,764$52,900$52,900