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$290,853$290,853$314,910
Remaining term (yrs)24.724.730.0
Secondary amount$0$41,552$0
Funding fee$0$0$0
Note rate2.950%2.950%7.320%
Blended rate3.800%4.809%7.560%
1st payment$1,377.94$1,377.94$2,163.21
2nd payment$0.00$411.19$0.00
Taxes / mo$144.17$144.17$144.17
Insurance / mo$150.00$150.00$150.00
MI / mo$232.99$232.99$62.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,905.10$2,316.29$2,520.36
Cash to close$59,047$17,495$34,990