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$255,358$255,358$301,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$46,142$0
Funding fee$0$0$0
Note rate3.090%3.090%7.320%
Blended rate3.940%4.714%7.560%
1st payment$1,239.49$1,239.49$2,071.10
2nd payment$0.00$346.07$0.00
Taxes / mo$263.75$263.75$263.75
Insurance / mo$150.00$150.00$150.00
MI / mo$205.87$205.87$60.30
HOA / mo$411.00$411.00$411.00
Total monthly$2,270.11$2,616.18$2,956.15
Cash to close$79,642$33,500$33,500