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$422,358$422,358$490,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$68,142$0
Funding fee$0$0$0
Note rate2.990%2.990%7.400%
Blended rate3.840%4.557%7.640%
1st payment$2,005.17$2,005.17$3,396.12
2nd payment$0.00$511.07$0.00
Taxes / mo$454.17$454.17$454.17
Insurance / mo$166.67$166.67$166.67
MI / mo$337.32$337.32$98.10
HOA / mo$442.00$442.00$442.00
Total monthly$3,405.33$3,916.39$4,557.06
Cash to close$122,642$54,500$54,500