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$321,530$321,530$400,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$78,970$0
Funding fee$0$0$0
Note rate2.980%2.980%7.400%
Blended rate3.830%4.849%7.640%
1st payment$1,524.82$1,524.82$2,772.98
2nd payment$0.00$592.27$0.00
Taxes / mo$699.80$699.80$699.80
Insurance / mo$150.00$150.00$150.00
MI / mo$256.84$256.84$80.10
HOA / mo$6.17$6.17$6.17
Total monthly$2,637.63$3,229.90$3,709.05
Cash to close$123,470$44,500$44,500