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$291,801$291,801$755,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$463,299$0
Funding fee$0$0$0
Note rate2.980%2.980%7.320%
Blended rate3.830%6.235%7.560%
1st payment$1,419.55$1,419.55$5,187.01
2nd payment$0.00$2,992.14$0.00
Taxes / mo$609.25$609.25$609.25
Insurance / mo$216.67$216.67$216.67
MI / mo$239.11$239.11$151.02
HOA / mo$180.00$180.00$180.00
Total monthly$2,664.57$5,656.71$6,343.95
Cash to close$547,199$83,900$83,900