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$315,486$315,486$346,050
Remaining term (yrs)25.125.130.0
Secondary amount$0$30,564$0
Funding fee$0$0$0
Note rate2.840%2.840%7.320%
Blended rate3.690%4.159%7.560%
1st payment$1,459.95$1,459.95$2,377.12
2nd payment$0.00$229.23$0.00
Taxes / mo$325.33$325.33$325.33
Insurance / mo$150.00$150.00$150.00
MI / mo$250.38$250.38$69.21
HOA / mo$0.00$0.00$0.00
Total monthly$2,185.67$2,414.90$2,921.67
Cash to close$69,014$38,450$38,450