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$270,965$270,965$297,000
Remaining term (yrs)25.125.130.0
Secondary amount$0$26,035$0
Funding fee$0$0$0
Note rate3.140%3.140%7.320%
Blended rate3.990%4.429%7.560%
1st payment$1,296.26$1,296.26$2,040.18
2nd payment$0.00$195.26$0.00
Taxes / mo$676.67$676.67$676.67
Insurance / mo$150.00$150.00$150.00
MI / mo$213.93$213.93$59.40
HOA / mo$77.00$77.00$77.00
Total monthly$2,413.86$2,609.12$3,003.25
Cash to close$59,035$33,000$33,000