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$231,231$231,231$305,910
Remaining term (yrs)24.724.730.0
Secondary amount$0$74,679$0
Funding fee$0$0$0
Note rate2.940%2.940%7.320%
Blended rate3.790%5.062%7.560%
1st payment$1,094.28$1,094.28$2,101.39
2nd payment$0.00$560.09$0.00
Taxes / mo$386.00$386.00$386.00
Insurance / mo$150.00$150.00$150.00
MI / mo$185.27$185.27$61.18
HOA / mo$67.00$67.00$67.00
Total monthly$1,882.54$2,442.63$2,765.57
Cash to close$108,669$33,990$33,990