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$221,373$221,373$274,500
Remaining term (yrs)23.823.830.0
Secondary amount$0$53,127$0
Funding fee$0$0$0
Note rate3.230%3.230%7.400%
Blended rate4.080%5.032%7.640%
1st payment$1,108.24$1,108.24$1,900.58
2nd payment$0.00$398.45$0.00
Taxes / mo$131.92$131.92$131.92
Insurance / mo$150.00$150.00$150.00
MI / mo$180.83$180.83$54.90
HOA / mo$300.00$300.00$300.00
Total monthly$1,870.98$2,269.43$2,537.40
Cash to close$83,627$30,500$30,500