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$214,914$214,914$359,999
Remaining term (yrs)24.224.230.0
Secondary amount$0$145,085$0
Funding fee$0$0$0
Note rate2.720%2.720%7.400%
Blended rate3.570%5.355%7.640%
1st payment$1,007.05$1,007.05$2,492.56
2nd payment$0.00$967.23$0.00
Taxes / mo$333.33$333.33$333.33
Insurance / mo$150.00$150.00$150.00
MI / mo$175.41$175.41$72.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,665.80$2,633.04$3,047.89
Cash to close$185,085$40,000$40,000