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$285,323$285,323$355,500
Remaining term (yrs)24.124.130.0
Secondary amount$0$70,177$0
Funding fee$0$0$0
Note rate2.810%2.810%7.320%
Blended rate3.660%4.714%7.560%
1st payment$1,353.31$1,353.31$2,442.04
2nd payment$0.00$526.32$0.00
Taxes / mo$170.50$170.50$170.50
Insurance / mo$150.00$150.00$150.00
MI / mo$232.99$232.99$71.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,906.81$2,433.13$2,833.64
Cash to close$109,677$39,500$39,500