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$280,667$280,667$441,000
Remaining term (yrs)25.225.230.0
Secondary amount$0$160,333$0
Funding fee$0$0$0
Note rate3.100%3.100%7.400%
Blended rate3.950%5.422%7.640%
1st payment$1,333.88$1,333.88$3,053.39
2nd payment$0.00$1,068.88$0.00
Taxes / mo$408.33$408.33$408.33
Insurance / mo$166.67$166.67$166.67
MI / mo$221.26$221.26$88.20
HOA / mo$60.00$60.00$60.00
Total monthly$2,190.14$3,259.03$3,776.59
Cash to close$209,333$49,000$49,000