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$227,243$227,243$303,300
Remaining term (yrs)24.324.330.0
Secondary amount$0$76,057$0
Funding fee$0$0$0
Note rate2.650%2.650%7.320%
Blended rate3.500%4.879%7.560%
1st payment$1,054.19$1,054.19$2,083.46
2nd payment$0.00$570.43$0.00
Taxes / mo$733.75$733.75$733.75
Insurance / mo$150.00$150.00$150.00
MI / mo$185.31$185.31$60.66
HOA / mo$185.00$185.00$185.00
Total monthly$2,308.24$2,878.67$3,212.87
Cash to close$109,757$33,700$33,700