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$310,205$310,205$445,500
Remaining term (yrs)20.120.130.0
Secondary amount$0$135,295$0
Funding fee$0$0$0
Note rate2.760%2.760%7.320%
Blended rate3.610%4.943%7.560%
1st payment$1,667.79$1,667.79$3,060.28
2nd payment$0.00$901.97$0.00
Taxes / mo$107.08$107.08$107.08
Insurance / mo$166.67$166.67$166.67
MI / mo$289.00$289.00$89.10
HOA / mo$0.00$0.00$0.00
Total monthly$2,230.54$3,132.50$3,423.13
Cash to close$184,795$49,500$49,500