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$220,575$220,575$278,999
Remaining term (yrs)24.524.530.0
Secondary amount$0$58,424$0
Funding fee$0$0$0
Note rate3.170%3.170%7.400%
Blended rate4.020%5.063%7.640%
1st payment$1,075.05$1,075.05$1,931.73
2nd payment$0.00$438.18$0.00
Taxes / mo$541.42$541.42$541.42
Insurance / mo$150.00$150.00$150.00
MI / mo$176.75$176.75$55.80
HOA / mo$241.00$241.00$241.00
Total monthly$2,184.22$2,622.40$2,919.95
Cash to close$89,424$31,000$31,000