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$249,644$249,644$350,910
Remaining term (yrs)23.923.930.0
Secondary amount$0$101,266$0
Funding fee$0$0$0
Note rate2.880%2.880%7.320%
Blended rate3.730%4.962%7.560%
1st payment$1,198.74$1,198.74$2,410.51
2nd payment$0.00$675.11$0.00
Taxes / mo$452.83$452.83$452.83
Insurance / mo$150.00$150.00$150.00
MI / mo$204.53$204.53$70.18
HOA / mo$80.00$80.00$80.00
Total monthly$2,086.10$2,761.21$3,163.52
Cash to close$140,256$38,990$38,990