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$306,193$306,193$359,996
Remaining term (yrs)25.025.030.0
Secondary amount$0$53,802$0
Funding fee$0$0$0
Note rate2.870%2.870%7.320%
Blended rate3.720%4.509%7.560%
1st payment$1,424.90$1,424.90$2,472.92
2nd payment$0.00$403.52$0.00
Taxes / mo$119.08$119.08$119.08
Insurance / mo$150.00$150.00$150.00
MI / mo$243.43$243.43$72.00
HOA / mo$115.00$115.00$115.00
Total monthly$2,052.41$2,455.93$2,929.00
Cash to close$93,802$40,000$40,000