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$315,597$315,597$345,510
Remaining term (yrs)25.125.130.0
Secondary amount$0$29,913$0
Funding fee$0$0$0
Note rate2.860%2.860%7.320%
Blended rate3.710%4.168%7.560%
1st payment$1,463.73$1,463.73$2,373.41
2nd payment$0.00$224.35$0.00
Taxes / mo$325.33$325.33$325.33
Insurance / mo$150.00$150.00$150.00
MI / mo$250.38$250.38$69.10
HOA / mo$0.00$0.00$0.00
Total monthly$2,189.44$2,413.79$2,917.85
Cash to close$68,303$38,390$38,390