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$223,655$223,655$351,000
Remaining term (yrs)24.324.330.0
Secondary amount$0$127,345$0
Funding fee$0$0$0
Note rate2.700%2.700%7.320%
Blended rate3.550%5.164%7.560%
1st payment$1,043.21$1,043.21$2,411.13
2nd payment$0.00$848.97$0.00
Taxes / mo$318.42$318.42$318.42
Insurance / mo$150.00$150.00$150.00
MI / mo$182.19$182.19$70.20
HOA / mo$2.67$2.67$2.67
Total monthly$1,696.49$2,545.46$2,952.41
Cash to close$166,345$39,000$39,000