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$243,432$243,432$324,000
Remaining term (yrs)23.423.430.0
Secondary amount$0$80,568$0
Funding fee$0$0$0
Note rate3.600%3.600%7.400%
Blended rate4.450%5.581%7.640%
1st payment$1,280.48$1,280.48$2,243.31
2nd payment$0.00$604.26$0.00
Taxes / mo$177.50$177.50$177.50
Insurance / mo$150.00$150.00$150.00
MI / mo$199.50$199.50$64.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,807.48$2,411.74$2,635.61
Cash to close$116,568$36,000$36,000