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$281,121$281,121$292,410
Remaining term (yrs)25.425.430.0
Secondary amount$0$27,534$0
Funding fee$0$0$0
Note rate3.450%3.450%7.400%
Blended rate4.300%4.976%7.640%
1st payment$1,382.55$1,382.55$2,024.59
2nd payment$0.00$272.47$0.00
Taxes / mo$343.25$343.25$343.25
Insurance / mo$150.00$150.00$150.00
MI / mo$219.45$219.45$58.48
HOA / mo$73.33$73.33$73.33
Total monthly$2,168.58$2,441.05$2,649.65
Cash to close$43,779$16,245$32,490