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$7,915$7,915$283,050
Remaining term (yrs)21.221.230.0
Secondary amount$0$275,135$0
Funding fee$0$0$0
Note rate2.800%2.800%7.400%
Blended rate3.650%7.635%7.640%
1st payment$41.10$41.10$1,959.78
2nd payment$0.00$1,776.91$0.00
Taxes / mo$387.25$387.25$387.25
Insurance / mo$150.00$150.00$150.00
MI / mo$6.61$6.61$56.61
HOA / mo$0.00$0.00$0.00
Total monthly$584.97$2,361.88$2,553.64
Cash to close$306,585$31,450$31,450