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$230,285$230,285$364,500
Remaining term (yrs)23.523.530.0
Secondary amount$0$134,215$0
Funding fee$0$0$0
Note rate3.500%3.500%7.320%
Blended rate4.350%5.694%7.560%
1st payment$1,193.66$1,193.66$2,503.86
2nd payment$0.00$894.76$0.00
Taxes / mo$120.75$120.75$120.75
Insurance / mo$150.00$150.00$150.00
MI / mo$188.29$188.29$72.90
HOA / mo$115.00$115.00$115.00
Total monthly$1,767.69$2,662.46$2,962.51
Cash to close$174,715$40,500$40,500