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$243,310$243,310$337,500
Remaining term (yrs)23.223.230.0
Secondary amount$0$94,190$0
Funding fee$0$0$0
Note rate3.600%3.600%7.400%
Blended rate4.450%5.720%7.640%
1st payment$1,285.66$1,285.66$2,336.78
2nd payment$0.00$706.43$0.00
Taxes / mo$667.42$667.42$667.42
Insurance / mo$150.00$150.00$150.00
MI / mo$200.30$200.30$67.50
HOA / mo$111.00$111.00$111.00
Total monthly$2,414.38$3,120.81$3,332.70
Cash to close$131,690$37,500$37,500