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$281,086$281,086$310,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$29,414$0
Funding fee$0$0$0
Note rate3.550%3.550%7.320%
Blended rate4.400%4.836%7.560%
1st payment$1,397.52$1,397.52$2,132.92
2nd payment$0.00$220.60$0.00
Taxes / mo$45.33$45.33$45.33
Insurance / mo$150.00$150.00$150.00
MI / mo$219.08$219.08$62.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,811.93$2,032.53$2,390.35
Cash to close$63,914$34,500$34,500