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$350,123$350,123$405,000
Remaining term (yrs)25.025.030.0
Secondary amount$0$54,877$0
Funding fee$0$0$0
Note rate2.900%2.900%7.400%
Blended rate3.750%4.461%7.640%
1st payment$1,634.76$1,634.76$2,804.14
2nd payment$0.00$411.58$0.00
Taxes / mo$219.83$219.83$219.83
Insurance / mo$150.00$150.00$150.00
MI / mo$278.20$278.20$81.00
HOA / mo$33.33$33.33$33.33
Total monthly$2,316.13$2,727.70$3,288.30
Cash to close$99,877$45,000$45,000