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$283,366$283,366$337,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$54,134$0
Funding fee$0$0$0
Note rate2.840%2.840%7.320%
Blended rate3.690%4.542%7.560%
1st payment$1,317.28$1,317.28$2,318.39
2nd payment$0.00$406.00$0.00
Taxes / mo$388.24$388.24$388.24
Insurance / mo$150.00$150.00$150.00
MI / mo$225.91$225.91$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,081.43$2,487.43$2,924.13
Cash to close$91,634$37,500$37,500