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$301,139$301,139$445,500
Remaining term (yrs)24.524.530.0
Secondary amount$0$144,361$0
Funding fee$0$0$0
Note rate3.090%3.090%7.320%
Blended rate3.940%5.256%7.560%
1st payment$1,455.11$1,455.11$3,060.28
2nd payment$0.00$962.41$0.00
Taxes / mo$395.17$395.17$395.17
Insurance / mo$166.67$166.67$166.67
MI / mo$241.68$241.68$89.10
HOA / mo$23.00$23.00$23.00
Total monthly$2,281.62$3,244.03$3,734.21
Cash to close$193,861$49,500$49,500