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$330,858$330,858$405,000
Remaining term (yrs)24.824.830.0
Secondary amount$0$74,142$0
Funding fee$0$0$0
Note rate2.980%2.980%7.400%
Blended rate3.830%4.776%7.640%
1st payment$1,569.05$1,569.05$2,804.14
2nd payment$0.00$556.06$0.00
Taxes / mo$375.00$375.00$375.00
Insurance / mo$150.00$150.00$150.00
MI / mo$264.29$264.29$81.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,358.35$2,914.41$3,410.14
Cash to close$119,142$45,000$45,000