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$408,140$408,140$427,500
Remaining term (yrs)24.724.730.0
Secondary amount$0$43,110$0
Funding fee$0$0$0
Note rate2.960%2.960%7.400%
Blended rate3.810%4.580%7.640%
1st payment$1,935.71$1,935.71$2,959.92
2nd payment$0.00$426.61$0.00
Taxes / mo$395.83$395.83$395.83
Insurance / mo$166.67$166.67$166.67
MI / mo$326.89$326.89$85.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,825.09$3,251.70$3,607.92
Cash to close$66,860$23,750$47,500