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$274,214$274,214$283,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$25,036$0
Funding fee$0$0$0
Note rate3.450%3.450%7.320%
Blended rate4.300%4.934%7.560%
1st payment$1,348.58$1,348.58$1,947.45
2nd payment$0.00$247.75$0.00
Taxes / mo$95.75$95.75$95.75
Insurance / mo$150.00$150.00$150.00
MI / mo$214.06$214.06$56.70
HOA / mo$295.00$295.00$295.00
Total monthly$2,103.39$2,351.14$2,544.90
Cash to close$40,786$15,750$31,500