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$264,144$264,144$436,950
Remaining term (yrs)24.124.130.0
Secondary amount$0$172,806$0
Funding fee$0$0$0
Note rate2.830%2.830%7.320%
Blended rate3.680%5.388%7.560%
1st payment$1,255.56$1,255.56$3,001.54
2nd payment$0.00$1,152.04$0.00
Taxes / mo$477.83$477.83$477.83
Insurance / mo$166.67$166.67$166.67
MI / mo$215.61$215.61$87.39
HOA / mo$30.00$30.00$30.00
Total monthly$2,145.67$3,297.70$3,763.43
Cash to close$221,356$48,550$48,550