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$428,786$428,786$584,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$155,314$0
Funding fee$0$0$0
Note rate2.870%2.870%7.400%
Blended rate3.720%4.858%7.640%
1st payment$1,999.92$1,999.92$4,044.19
2nd payment$0.00$1,035.42$0.00
Taxes / mo$540.83$540.83$540.83
Insurance / mo$166.67$166.67$166.67
MI / mo$341.66$341.66$116.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,049.09$4,084.51$4,868.51
Cash to close$220,214$64,900$64,900