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$193,883$193,883$332,910
Remaining term (yrs)19.519.530.0
Secondary amount$0$139,027$0
Funding fee$0$0$0
Note rate2.240%2.240%7.400%
Blended rate3.090%5.140%7.640%
1st payment$1,016.49$1,016.49$2,305.00
2nd payment$0.00$926.85$0.00
Taxes / mo$365.33$365.33$365.33
Insurance / mo$150.00$150.00$150.00
MI / mo$165.28$165.28$66.58
HOA / mo$410.00$410.00$410.00
Total monthly$2,107.11$3,033.95$3,296.92
Cash to close$176,017$36,990$36,990