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$223,064$223,064$314,100
Remaining term (yrs)21.021.030.0
Secondary amount$0$91,036$0
Funding fee$0$0$0
Note rate3.880%3.880%7.320%
Blended rate4.730%5.968%7.560%
1st payment$1,288.98$1,288.98$2,157.65
2nd payment$0.00$682.77$0.00
Taxes / mo$290.83$290.83$290.83
Insurance / mo$150.00$150.00$150.00
MI / mo$194.05$194.05$62.82
HOA / mo$698.00$698.00$698.00
Total monthly$2,621.86$3,304.63$3,359.30
Cash to close$125,936$34,900$34,900