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$247,402$247,402$297,000
Remaining term (yrs)25.125.130.0
Secondary amount$0$49,598$0
Funding fee$0$0$0
Note rate3.110%3.110%7.320%
Blended rate3.960%4.802%7.560%
1st payment$1,179.64$1,179.64$2,040.18
2nd payment$0.00$371.99$0.00
Taxes / mo$267.17$267.17$267.17
Insurance / mo$150.00$150.00$150.00
MI / mo$195.43$195.43$59.40
HOA / mo$353.00$353.00$353.00
Total monthly$2,145.23$2,517.22$2,869.75
Cash to close$82,598$33,000$33,000