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$209,191$209,191$268,110
Remaining term (yrs)24.524.530.0
Secondary amount$0$58,919$0
Funding fee$0$0$0
Note rate3.170%3.170%7.320%
Blended rate4.020%5.114%7.560%
1st payment$1,019.57$1,019.57$1,841.73
2nd payment$0.00$441.89$0.00
Taxes / mo$109.83$109.83$109.83
Insurance / mo$150.00$150.00$150.00
MI / mo$167.63$167.63$53.62
HOA / mo$20.83$20.83$20.83
Total monthly$1,467.86$1,909.75$2,176.02
Cash to close$88,709$29,790$29,790