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$406,112$406,112$557,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$150,988$0
Funding fee$0$0$0
Note rate2.650%2.650%7.400%
Blended rate3.500%4.720%7.640%
1st payment$1,879.41$1,879.41$3,857.25
2nd payment$0.00$1,006.58$0.00
Taxes / mo$515.83$515.83$515.83
Insurance / mo$166.67$166.67$166.67
MI / mo$330.36$330.36$111.42
HOA / mo$125.00$125.00$125.00
Total monthly$3,017.27$4,023.86$4,776.17
Cash to close$212,888$61,900$61,900