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$281,649$281,649$341,550
Remaining term (yrs)24.524.530.0
Secondary amount$0$59,901$0
Funding fee$0$0$0
Note rate3.090%3.090%7.400%
Blended rate3.940%4.827%7.640%
1st payment$1,360.93$1,360.93$2,364.82
2nd payment$0.00$449.26$0.00
Taxes / mo$227.42$227.42$227.42
Insurance / mo$150.00$150.00$150.00
MI / mo$226.04$226.04$68.31
HOA / mo$122.00$122.00$122.00
Total monthly$2,086.39$2,535.64$2,932.55
Cash to close$97,851$37,950$37,950