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$316,671$316,671$342,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$25,329$0
Funding fee$0$0$0
Note rate2.700%2.700%7.400%
Blended rate3.550%3.954%7.640%
1st payment$1,473.53$1,473.53$2,367.94
2nd payment$0.00$189.97$0.00
Taxes / mo$241.92$241.92$241.92
Insurance / mo$150.00$150.00$150.00
MI / mo$257.34$257.34$68.40
HOA / mo$5.83$5.83$5.83
Total monthly$2,128.61$2,318.58$2,834.09
Cash to close$63,329$38,000$38,000