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$237,183$237,183$310,500
Remaining term (yrs)24.624.630.0
Secondary amount$0$73,317$0
Funding fee$0$0$0
Note rate2.980%2.980%7.320%
Blended rate3.830%5.051%7.560%
1st payment$1,129.92$1,129.92$2,132.92
2nd payment$0.00$549.88$0.00
Taxes / mo$610.25$610.25$610.25
Insurance / mo$150.00$150.00$150.00
MI / mo$190.32$190.32$62.10
HOA / mo$9.17$9.17$9.17
Total monthly$2,089.67$2,639.54$2,964.44
Cash to close$107,817$34,500$34,500