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$260,665$260,665$351,000
Remaining term (yrs)24.824.830.0
Secondary amount$0$90,335$0
Funding fee$0$0$0
Note rate2.900%2.900%7.400%
Blended rate3.750%5.101%7.640%
1st payment$1,225.37$1,225.37$2,430.25
2nd payment$0.00$677.51$0.00
Taxes / mo$360.67$360.67$360.67
Insurance / mo$150.00$150.00$150.00
MI / mo$208.53$208.53$70.20
HOA / mo$3.58$3.58$3.58
Total monthly$1,948.15$2,625.67$3,014.70
Cash to close$129,335$39,000$39,000