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$213,881$213,881$476,955
Remaining term (yrs)25.325.330.0
Secondary amount$0$263,074$0
Funding fee$0$0$0
Note rate3.090%3.090%7.320%
Blended rate3.940%6.041%7.560%
1st payment$1,010.98$1,010.98$3,276.35
2nd payment$0.00$1,699.02$0.00
Taxes / mo$815.25$815.25$815.25
Insurance / mo$166.67$166.67$166.67
MI / mo$167.91$167.91$95.39
HOA / mo$0.00$0.00$0.00
Total monthly$2,160.81$3,859.83$4,353.66
Cash to close$316,069$52,995$52,995