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$232,262$232,262$382,500
Remaining term (yrs)25.125.130.0
Secondary amount$0$150,238$0
Funding fee$0$0$0
Note rate3.010%3.010%7.400%
Blended rate3.860%5.486%7.640%
1st payment$1,095.30$1,095.30$2,648.35
2nd payment$0.00$1,001.58$0.00
Taxes / mo$140.17$140.17$140.17
Insurance / mo$150.00$150.00$150.00
MI / mo$183.79$183.79$76.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,569.25$2,570.84$3,015.02
Cash to close$192,738$42,500$42,500