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$673,989$673,989$899,550
Remaining term (yrs)24.924.930.0
Secondary amount$0$225,561$0
Funding fee$0$0$0
Note rate2.880%2.880%7.400%
Blended rate3.730%4.738%7.640%
1st payment$3,147.06$3,147.06$6,228.30
2nd payment$0.00$1,456.75$0.00
Taxes / mo$832.92$832.92$832.92
Insurance / mo$216.67$216.67$216.67
MI / mo$536.94$536.94$179.91
HOA / mo$0.00$0.00$0.00
Total monthly$4,733.59$6,190.34$7,457.80
Cash to close$325,511$99,950$99,950