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$362,751$362,751$720,000
Remaining term (yrs)25.125.130.0
Secondary amount$0$357,249$0
Funding fee$0$0$0
Note rate2.990%2.990%7.400%
Blended rate3.840%5.780%7.640%
1st payment$1,706.88$1,706.88$4,985.13
2nd payment$0.00$2,307.23$0.00
Taxes / mo$666.67$666.67$666.67
Insurance / mo$216.67$216.67$216.67
MI / mo$287.14$287.14$144.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,877.35$5,184.59$6,012.47
Cash to close$437,249$80,000$80,000