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$279,605$279,605$427,500
Remaining term (yrs)24.624.630.0
Secondary amount$0$147,895$0
Funding fee$0$0$0
Note rate2.960%2.960%7.320%
Blended rate3.810%5.260%7.560%
1st payment$1,329.12$1,329.12$2,936.63
2nd payment$0.00$985.96$0.00
Taxes / mo$226.50$226.50$226.50
Insurance / mo$166.67$166.67$166.67
MI / mo$224.45$224.45$85.50
HOA / mo$75.00$75.00$75.00
Total monthly$2,021.74$3,007.71$3,490.30
Cash to close$195,395$47,500$47,500