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$309,219$309,219$337,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$28,281$0
Funding fee$0$0$0
Note rate2.880%2.880%7.320%
Blended rate3.730%4.172%7.560%
1st payment$1,447.12$1,447.12$2,318.39
2nd payment$0.00$212.11$0.00
Taxes / mo$512.25$512.25$512.25
Insurance / mo$150.00$150.00$150.00
MI / mo$246.90$246.90$67.50
HOA / mo$142.00$142.00$142.00
Total monthly$2,498.28$2,710.39$3,190.14
Cash to close$65,781$37,500$37,500