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$261,506$261,506$342,000
Remaining term (yrs)25.425.430.0
Secondary amount$0$80,494$0
Funding fee$0$0$0
Note rate3.760%3.760%7.400%
Blended rate4.610%5.643%7.640%
1st payment$1,327.43$1,327.43$2,367.94
2nd payment$0.00$603.70$0.00
Taxes / mo$792.58$792.58$792.58
Insurance / mo$150.00$150.00$150.00
MI / mo$202.78$202.78$68.40
HOA / mo$415.00$415.00$415.00
Total monthly$2,887.80$3,491.50$3,793.92
Cash to close$118,494$38,000$38,000