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$223,120$223,120$320,400
Remaining term (yrs)24.224.230.0
Secondary amount$0$97,280$0
Funding fee$0$0$0
Note rate2.710%2.710%7.320%
Blended rate3.560%5.212%7.560%
1st payment$1,044.37$1,044.37$2,200.93
2nd payment$0.00$729.60$0.00
Taxes / mo$89.25$89.25$89.25
Insurance / mo$150.00$150.00$150.00
MI / mo$182.15$182.15$64.08
HOA / mo$23.00$23.00$23.00
Total monthly$1,488.77$2,218.37$2,527.26
Cash to close$132,880$35,600$35,600