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$454,239$454,239$602,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$147,861$0
Funding fee$0$0$0
Note rate2.670%2.670%7.400%
Blended rate3.520%4.620%7.640%
1st payment$2,101.68$2,101.68$4,168.82
2nd payment$0.00$985.74$0.00
Taxes / mo$557.50$557.50$557.50
Insurance / mo$166.67$166.67$166.67
MI / mo$368.47$368.47$120.42
HOA / mo$0.00$0.00$0.00
Total monthly$3,194.31$4,180.05$5,013.41
Cash to close$214,761$66,900$66,900