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$327,993$327,993$432,000
Remaining term (yrs)24.224.230.0
Secondary amount$0$104,007$0
Funding fee$0$0$0
Note rate2.710%2.710%7.400%
Blended rate3.560%4.629%7.640%
1st payment$1,535.26$1,535.26$2,991.08
2nd payment$0.00$693.38$0.00
Taxes / mo$206.33$206.33$206.33
Insurance / mo$166.67$166.67$166.67
MI / mo$267.77$267.77$86.40
HOA / mo$0.00$0.00$0.00
Total monthly$2,176.03$2,869.41$3,450.48
Cash to close$152,007$48,000$48,000