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$218,081$218,081$310,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$92,419$0
Funding fee$0$0$0
Note rate2.860%2.860%7.400%
Blended rate3.710%5.285%7.640%
1st payment$1,020.69$1,020.69$2,149.84
2nd payment$0.00$693.14$0.00
Taxes / mo$140.33$140.33$140.33
Insurance / mo$150.00$150.00$150.00
MI / mo$174.60$174.60$62.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,485.62$2,178.76$2,502.27
Cash to close$126,919$34,500$34,500