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$216,542$216,542$359,999
Remaining term (yrs)24.824.830.0
Secondary amount$0$143,457$0
Funding fee$0$0$0
Note rate2.980%2.980%7.320%
Blended rate3.830%5.492%7.560%
1st payment$1,026.92$1,026.92$2,472.94
2nd payment$0.00$956.38$0.00
Taxes / mo$92.83$92.83$92.83
Insurance / mo$150.00$150.00$150.00
MI / mo$172.98$172.98$72.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,442.73$2,399.11$2,787.78
Cash to close$183,457$40,000$40,000