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$226,125$226,125$296,100
Remaining term (yrs)25.125.130.0
Secondary amount$0$69,975$0
Funding fee$0$0$0
Note rate3.070%3.070%7.320%
Blended rate3.920%5.121%7.560%
1st payment$1,073.45$1,073.45$2,034.00
2nd payment$0.00$524.81$0.00
Taxes / mo$274.17$274.17$274.17
Insurance / mo$150.00$150.00$150.00
MI / mo$178.74$178.74$59.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,676.36$2,201.17$2,517.39
Cash to close$102,875$32,900$32,900