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$177,493$177,493$436,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$259,007$0
Funding fee$0$0$0
Note rate2.730%2.730%7.400%
Blended rate3.580%6.054%7.640%
1st payment$828.62$828.62$3,022.24
2nd payment$0.00$1,672.76$0.00
Taxes / mo$453.17$453.17$453.17
Insurance / mo$166.67$166.67$166.67
MI / mo$144.15$144.15$87.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,592.60$3,265.35$3,729.37
Cash to close$307,507$48,500$48,500