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$279,882$279,882$337,500
Remaining term (yrs)23.423.430.0
Secondary amount$0$57,618$0
Funding fee$0$0$0
Note rate3.470%3.470%7.400%
Blended rate4.320%5.119%7.640%
1st payment$1,449.58$1,449.58$2,336.78
2nd payment$0.00$432.14$0.00
Taxes / mo$496.67$496.67$496.67
Insurance / mo$150.00$150.00$150.00
MI / mo$229.52$229.52$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,325.77$2,757.90$3,050.95
Cash to close$95,118$37,500$37,500