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$328,231$328,231$435,600
Remaining term (yrs)25.125.130.0
Secondary amount$0$107,369$0
Funding fee$0$0$0
Note rate2.880%2.880%7.320%
Blended rate3.730%4.782%7.560%
1st payment$1,525.71$1,525.71$2,992.27
2nd payment$0.00$715.80$0.00
Taxes / mo$403.33$403.33$403.33
Insurance / mo$166.67$166.67$166.67
MI / mo$260.31$260.31$87.12
HOA / mo$391.00$391.00$391.00
Total monthly$2,747.02$3,462.82$4,040.39
Cash to close$155,769$48,400$48,400