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$211,294$211,294$257,310
Remaining term (yrs)24.624.630.0
Secondary amount$0$46,016$0
Funding fee$0$0$0
Note rate3.040%3.040%7.320%
Blended rate3.890%4.804%7.560%
1st payment$1,013.17$1,013.17$1,767.54
2nd payment$0.00$345.12$0.00
Taxes / mo$299.42$299.42$299.42
Insurance / mo$150.00$150.00$150.00
MI / mo$169.35$169.35$51.46
HOA / mo$175.00$175.00$175.00
Total monthly$1,806.95$2,152.07$2,443.42
Cash to close$74,606$28,590$28,590