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$379,390$379,390$629,999
Remaining term (yrs)24.424.430.0
Secondary amount$0$250,609$0
Funding fee$0$0$0
Note rate2.730%2.730%7.400%
Blended rate3.580%5.239%7.640%
1st payment$1,771.17$1,771.17$4,361.99
2nd payment$0.00$1,618.51$0.00
Taxes / mo$583.33$583.33$583.33
Insurance / mo$166.67$166.67$166.67
MI / mo$308.11$308.11$126.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,829.28$4,447.79$5,237.99
Cash to close$320,609$70,000$70,000