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$215,824$215,824$270,000
Remaining term (yrs)25.125.130.0
Secondary amount$0$54,176$0
Funding fee$0$0$0
Note rate3.140%3.140%7.320%
Blended rate3.990%4.995%7.560%
1st payment$1,032.47$1,032.47$1,854.71
2nd payment$0.00$406.32$0.00
Taxes / mo$273.92$273.92$273.92
Insurance / mo$150.00$150.00$150.00
MI / mo$170.40$170.40$54.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,626.79$2,033.11$2,332.63
Cash to close$84,176$30,000$30,000