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$282,013$282,013$449,991
Remaining term (yrs)24.924.930.0
Secondary amount$0$167,978$0
Funding fee$0$0$0
Note rate2.870%2.870%7.400%
Blended rate3.720%5.318%7.640%
1st payment$1,315.35$1,315.35$3,115.65
2nd payment$0.00$1,119.85$0.00
Taxes / mo$323.92$323.92$323.92
Insurance / mo$166.67$166.67$166.67
MI / mo$224.71$224.71$90.00
HOA / mo$45.00$45.00$45.00
Total monthly$2,075.65$3,195.50$3,741.23
Cash to close$217,977$49,999$49,999