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$311,642$311,642$395,910
Remaining term (yrs)25.225.230.0
Secondary amount$0$84,268$0
Funding fee$0$0$0
Note rate2.980%2.980%7.400%
Blended rate3.830%4.930%7.640%
1st payment$1,461.54$1,461.54$2,741.20
2nd payment$0.00$632.01$0.00
Taxes / mo$320.75$320.75$320.75
Insurance / mo$150.00$150.00$150.00
MI / mo$246.18$246.18$79.18
HOA / mo$155.00$155.00$155.00
Total monthly$2,333.47$2,965.48$3,446.13
Cash to close$128,258$43,990$43,990