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$334,168$334,168$418,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$84,332$0
Funding fee$0$0$0
Note rate2.900%2.900%7.320%
Blended rate3.750%4.808%7.560%
1st payment$1,567.33$1,567.33$2,874.80
2nd payment$0.00$632.49$0.00
Taxes / mo$437.08$437.08$437.08
Insurance / mo$166.67$166.67$166.67
MI / mo$266.73$266.73$83.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,437.81$3,070.30$3,562.25
Cash to close$130,832$46,500$46,500