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$242,693$242,693$265,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$37,557$0
Funding fee$0$0$0
Note rate2.930%2.930%7.400%
Blended rate3.780%4.865%7.640%
1st payment$1,144.65$1,144.65$1,838.27
2nd payment$0.00$371.66$0.00
Taxes / mo$79.17$79.17$79.17
Insurance / mo$150.00$150.00$150.00
MI / mo$194.05$194.05$53.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,567.86$1,939.52$2,120.54
Cash to close$52,307$14,750$29,500