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$237,851$237,851$351,000
Remaining term (yrs)24.924.930.0
Secondary amount$0$113,149$0
Funding fee$0$0$0
Note rate2.780%2.780%7.320%
Blended rate3.630%5.039%7.560%
1st payment$1,100.89$1,100.89$2,411.13
2nd payment$0.00$754.32$0.00
Taxes / mo$420.00$420.00$420.00
Insurance / mo$150.00$150.00$150.00
MI / mo$190.27$190.27$70.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,861.16$2,615.49$3,051.33
Cash to close$152,149$39,000$39,000