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$213,350$213,350$261,000
Remaining term (yrs)24.924.930.0
Secondary amount$0$47,650$0
Funding fee$0$0$0
Note rate2.840%2.840%7.400%
Blended rate3.690%4.659%7.640%
1st payment$991.79$991.79$1,807.11
2nd payment$0.00$357.38$0.00
Taxes / mo$218.92$218.92$218.92
Insurance / mo$150.00$150.00$150.00
MI / mo$170.09$170.09$52.20
HOA / mo$58.00$58.00$58.00
Total monthly$1,588.80$1,946.18$2,286.23
Cash to close$76,650$29,000$29,000