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$216,904$216,904$244,800
Remaining term (yrs)25.425.430.0
Secondary amount$0$27,896$0
Funding fee$0$0$0
Note rate3.050%3.050%7.320%
Blended rate3.900%4.481%7.560%
1st payment$1,020.72$1,020.72$1,681.61
2nd payment$0.00$209.22$0.00
Taxes / mo$356.17$356.17$356.17
Insurance / mo$150.00$150.00$150.00
MI / mo$170.40$170.40$48.96
HOA / mo$0.00$0.00$0.00
Total monthly$1,697.28$1,906.50$2,236.73
Cash to close$55,096$27,200$27,200