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$282,923$282,923$310,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$27,577$0
Funding fee$0$0$0
Note rate2.980%2.980%7.400%
Blended rate3.830%4.289%7.640%
1st payment$1,341.73$1,341.73$2,149.84
2nd payment$0.00$206.83$0.00
Taxes / mo$920.08$920.08$920.08
Insurance / mo$150.00$150.00$150.00
MI / mo$226.00$226.00$62.10
HOA / mo$46.00$46.00$46.00
Total monthly$2,683.81$2,890.64$3,328.02
Cash to close$62,077$34,500$34,500