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$284,971$284,971$342,000
Remaining term (yrs)23.423.430.0
Secondary amount$0$57,029$0
Funding fee$0$0$0
Note rate3.470%3.470%7.400%
Blended rate4.320%5.100%7.640%
1st payment$1,475.94$1,475.94$2,367.94
2nd payment$0.00$427.71$0.00
Taxes / mo$185.83$185.83$185.83
Insurance / mo$150.00$150.00$150.00
MI / mo$233.69$233.69$68.40
HOA / mo$0.00$0.00$0.00
Total monthly$2,045.46$2,473.18$2,772.17
Cash to close$95,029$38,000$38,000