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$21,501$21,501$332,899
Remaining term (yrs)24.924.930.0
Secondary amount$0$311,398$0
Funding fee$0$0$0
Note rate2.900%2.900%7.400%
Blended rate3.750%7.492%7.640%
1st payment$100.62$100.62$2,304.93
2nd payment$0.00$2,011.11$0.00
Taxes / mo$188.75$188.75$188.75
Insurance / mo$150.00$150.00$150.00
MI / mo$17.12$17.12$66.58
HOA / mo$75.00$75.00$75.00
Total monthly$531.49$2,542.60$2,785.26
Cash to close$348,387$36,989$36,989