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$232,158$232,158$350,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$117,942$0
Funding fee$0$0$0
Note rate2.810%2.810%7.400%
Blended rate3.660%5.122%7.640%
1st payment$1,090.73$1,090.73$2,424.02
2nd payment$0.00$786.28$0.00
Taxes / mo$234.67$234.67$234.67
Insurance / mo$150.00$150.00$150.00
MI / mo$187.79$187.79$70.02
HOA / mo$0.00$0.00$0.00
Total monthly$1,663.18$2,449.46$2,878.71
Cash to close$156,842$38,900$38,900