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$185,466$185,466$549,000
Remaining term (yrs)24.124.130.0
Secondary amount$0$363,534$0
Funding fee$0$0$0
Note rate2.840%2.840%7.400%
Blended rate3.690%6.378%7.640%
1st payment$882.53$882.53$3,801.17
2nd payment$0.00$2,347.82$0.00
Taxes / mo$300.33$300.33$300.33
Insurance / mo$166.67$166.67$166.67
MI / mo$151.35$151.35$109.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,500.88$3,848.70$4,377.97
Cash to close$424,534$61,000$61,000