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$268,800$268,800$607,500
Remaining term (yrs)23.223.230.0
Secondary amount$0$338,700$0
Funding fee$0$0$0
Note rate3.750%3.750%7.400%
Blended rate4.600%6.356%7.640%
1st payment$1,441.89$1,441.89$4,206.21
2nd payment$0.00$2,187.44$0.00
Taxes / mo$1,076.42$1,076.42$1,076.42
Insurance / mo$166.67$166.67$166.67
MI / mo$220.54$220.54$121.50
HOA / mo$51.00$51.00$51.00
Total monthly$2,956.51$5,143.95$5,621.79
Cash to close$406,200$67,500$67,500