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$496,937$496,937$571,500
Remaining term (yrs)25.025.030.0
Secondary amount$0$74,563$0
Funding fee$0$0$0
Note rate2.860%2.860%7.320%
Blended rate3.710%4.400%7.560%
1st payment$2,309.98$2,309.98$3,925.81
2nd payment$0.00$559.22$0.00
Taxes / mo$367.50$367.50$367.50
Insurance / mo$166.67$166.67$166.67
MI / mo$395.14$395.14$114.30
HOA / mo$0.00$0.00$0.00
Total monthly$3,239.29$3,798.51$4,574.28
Cash to close$138,063$63,500$63,500