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$314,077$314,077$436,500
Remaining term (yrs)24.524.530.0
Secondary amount$0$122,423$0
Funding fee$0$0$0
Note rate2.730%2.730%7.400%
Blended rate3.580%4.820%7.640%
1st payment$1,459.29$1,459.29$3,022.24
2nd payment$0.00$816.15$0.00
Taxes / mo$404.17$404.17$404.17
Insurance / mo$166.67$166.67$166.67
MI / mo$253.86$253.86$87.30
HOA / mo$0.00$0.00$0.00
Total monthly$2,283.99$3,100.14$3,680.37
Cash to close$170,923$48,500$48,500