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$393,800$393,800$652,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$258,700$0
Funding fee$0$0$0
Note rate2.990%2.990%7.400%
Blended rate3.840%5.390%7.640%
1st payment$1,865.40$1,865.40$4,517.78
2nd payment$0.00$1,670.77$0.00
Taxes / mo$604.17$604.17$604.17
Insurance / mo$216.67$216.67$216.67
MI / mo$313.81$313.81$130.50
HOA / mo$0.00$0.00$0.00
Total monthly$3,000.04$4,670.81$5,469.11
Cash to close$331,200$72,500$72,500