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$245,515$245,515$258,300
Remaining term (yrs)25.425.430.0
Secondary amount$0$27,135$0
Funding fee$0$0$0
Note rate3.450%3.450%7.400%
Blended rate4.300%5.054%7.640%
1st payment$1,204.98$1,204.98$1,788.42
2nd payment$0.00$268.53$0.00
Taxes / mo$263.83$263.83$263.83
Insurance / mo$150.00$150.00$150.00
MI / mo$191.26$191.26$51.66
HOA / mo$0.00$0.00$0.00
Total monthly$1,810.08$2,078.61$2,253.91
Cash to close$41,485$14,350$28,700