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$246,988$246,988$373,500
Remaining term (yrs)24.124.130.0
Secondary amount$0$126,512$0
Funding fee$0$0$0
Note rate2.810%2.810%7.400%
Blended rate3.660%5.130%7.640%
1st payment$1,171.48$1,171.48$2,586.04
2nd payment$0.00$843.42$0.00
Taxes / mo$464.58$464.58$464.58
Insurance / mo$150.00$150.00$150.00
MI / mo$201.69$201.69$74.70
HOA / mo$333.00$333.00$333.00
Total monthly$2,320.75$3,164.17$3,608.32
Cash to close$168,012$41,500$41,500