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$241,370$241,370$274,410
Remaining term (yrs)25.325.330.0
Secondary amount$0$33,040$0
Funding fee$0$0$0
Note rate3.100%3.100%7.400%
Blended rate3.950%4.558%7.640%
1st payment$1,144.64$1,144.64$1,899.96
2nd payment$0.00$247.80$0.00
Taxes / mo$117.64$117.64$117.64
Insurance / mo$150.00$150.00$150.00
MI / mo$189.87$189.87$54.88
HOA / mo$0.00$0.00$0.00
Total monthly$1,602.15$1,849.95$2,222.48
Cash to close$63,530$30,490$30,490