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$248,697$248,697$315,000
Remaining term (yrs)24.624.630.0
Secondary amount$0$66,303$0
Funding fee$0$0$0
Note rate2.970%2.970%7.400%
Blended rate3.820%4.910%7.640%
1st payment$1,183.49$1,183.49$2,181.00
2nd payment$0.00$497.27$0.00
Taxes / mo$526.23$526.23$526.23
Insurance / mo$150.00$150.00$150.00
MI / mo$199.60$199.60$63.00
HOA / mo$36.67$36.67$36.67
Total monthly$2,095.99$2,593.26$2,956.90
Cash to close$101,303$35,000$35,000