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$288,165$288,165$373,500
Remaining term (yrs)25.225.230.0
Secondary amount$0$85,335$0
Funding fee$0$0$0
Note rate3.100%3.100%7.320%
Blended rate3.950%5.104%7.560%
1st payment$1,369.51$1,369.51$2,565.69
2nd payment$0.00$640.02$0.00
Taxes / mo$407.92$407.92$407.92
Insurance / mo$150.00$150.00$150.00
MI / mo$227.17$227.17$74.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,154.60$2,794.62$3,198.30
Cash to close$126,835$41,500$41,500