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$10,166$10,166$332,550
Remaining term (yrs)1.31.330.0
Secondary amount$0$322,384$0
Funding fee$0$0$0
Note rate2.650%2.650%7.320%
Blended rate3.500%7.620%7.560%
1st payment$609.97$609.97$2,284.39
2nd payment$0.00$2,082.06$0.00
Taxes / mo$180.92$180.92$180.92
Insurance / mo$150.00$150.00$150.00
MI / mo$64.12$64.12$66.51
HOA / mo$0.00$0.00$0.00
Total monthly$1,005.00$3,087.06$2,681.81
Cash to close$359,334$36,950$36,950