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$251,594$251,594$373,496
Remaining term (yrs)23.623.630.0
Secondary amount$0$121,901$0
Funding fee$0$0$0
Note rate3.330%3.330%7.400%
Blended rate4.180%5.427%7.640%
1st payment$1,278.58$1,278.58$2,586.01
2nd payment$0.00$812.68$0.00
Taxes / mo$431.92$431.92$431.92
Insurance / mo$150.00$150.00$150.00
MI / mo$206.01$206.01$74.70
HOA / mo$258.00$258.00$258.00
Total monthly$2,324.51$3,137.18$3,500.62
Cash to close$163,401$41,500$41,500