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$299,168$299,168$342,000
Remaining term (yrs)25.125.130.0
Secondary amount$0$42,832$0
Funding fee$0$0$0
Note rate3.090%3.090%7.320%
Blended rate3.940%4.574%7.560%
1st payment$1,423.33$1,423.33$2,349.30
2nd payment$0.00$321.24$0.00
Taxes / mo$127.26$127.26$127.26
Insurance / mo$150.00$150.00$150.00
MI / mo$236.40$236.40$68.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,936.99$2,258.23$2,694.96
Cash to close$80,832$38,000$38,000