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$252,464$252,464$391,500
Remaining term (yrs)25.425.430.0
Secondary amount$0$139,036$0
Funding fee$0$0$0
Note rate3.920%3.920%7.320%
Blended rate4.770%5.917%7.560%
1st payment$1,303.75$1,303.75$2,689.33
2nd payment$0.00$926.90$0.00
Taxes / mo$196.83$196.83$196.83
Insurance / mo$150.00$150.00$150.00
MI / mo$195.32$195.32$78.30
HOA / mo$50.00$50.00$50.00
Total monthly$1,895.90$2,822.80$3,164.47
Cash to close$182,536$43,500$43,500