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$279,245$279,245$395,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$115,855$0
Funding fee$0$0$0
Note rate2.980%2.980%7.400%
Blended rate3.830%5.053%7.640%
1st payment$1,358.47$1,358.47$2,735.59
2nd payment$0.00$772.36$0.00
Taxes / mo$608.92$608.92$608.92
Insurance / mo$150.00$150.00$150.00
MI / mo$228.82$228.82$79.02
HOA / mo$100.00$100.00$100.00
Total monthly$2,446.20$3,218.57$3,673.53
Cash to close$159,755$43,900$43,900