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$396,846$396,846$467,910
Remaining term (yrs)24.924.930.0
Secondary amount$0$71,064$0
Funding fee$0$0$0
Note rate2.250%2.250%7.400%
Blended rate3.100%3.996%7.640%
1st payment$1,726.48$1,726.48$3,239.71
2nd payment$0.00$532.98$0.00
Taxes / mo$738.58$738.58$738.58
Insurance / mo$166.67$166.67$166.67
MI / mo$319.93$319.93$93.58
HOA / mo$0.00$0.00$0.00
Total monthly$2,951.66$3,484.64$4,238.55
Cash to close$123,054$51,990$51,990