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$480,033$480,033$616,500
Remaining term (yrs)24.724.730.0
Secondary amount$0$136,467$0
Funding fee$0$0$0
Note rate2.940%2.940%7.400%
Blended rate3.790%4.722%7.640%
1st payment$2,271.71$2,271.71$4,268.52
2nd payment$0.00$909.78$0.00
Taxes / mo$342.50$342.50$342.50
Insurance / mo$166.67$166.67$166.67
MI / mo$384.61$384.61$123.30
HOA / mo$75.00$75.00$75.00
Total monthly$3,240.48$4,150.26$4,975.99
Cash to close$204,967$68,500$68,500