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$202,576$202,576$292,500
Remaining term (yrs)23.623.630.0
Secondary amount$0$89,924$0
Funding fee$0$0$0
Note rate3.330%3.330%7.400%
Blended rate4.180%5.662%7.640%
1st payment$1,029.47$1,029.47$2,025.21
2nd payment$0.00$674.43$0.00
Taxes / mo$449.33$449.33$449.33
Insurance / mo$150.00$150.00$150.00
MI / mo$165.88$165.88$58.50
HOA / mo$63.33$63.33$63.33
Total monthly$1,858.01$2,532.44$2,746.37
Cash to close$122,424$32,500$32,500