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$228,914$228,914$292,500
Remaining term (yrs)23.323.330.0
Secondary amount$0$63,586$0
Funding fee$0$0$0
Note rate3.730%3.730%7.320%
Blended rate4.580%5.541%7.560%
1st payment$1,222.74$1,222.74$2,009.27
2nd payment$0.00$476.89$0.00
Taxes / mo$474.58$474.58$474.58
Insurance / mo$150.00$150.00$150.00
MI / mo$187.48$187.48$58.50
HOA / mo$128.33$128.33$128.33
Total monthly$2,163.14$2,640.03$2,820.69
Cash to close$96,086$32,500$32,500