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$367,745$367,745$576,000
Remaining term (yrs)24.824.830.0
Secondary amount$0$208,255$0
Funding fee$0$0$0
Note rate2.990%2.990%7.320%
Blended rate3.840%5.254%7.560%
1st payment$1,745.90$1,745.90$3,956.72
2nd payment$0.00$1,344.98$0.00
Taxes / mo$533.33$533.33$533.33
Insurance / mo$166.67$166.67$166.67
MI / mo$293.70$293.70$115.20
HOA / mo$229.00$229.00$229.00
Total monthly$2,968.60$4,313.58$5,000.92
Cash to close$272,255$64,000$64,000