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$267,008$267,008$315,000
Remaining term (yrs)25.325.330.0
Secondary amount$0$47,992$0
Funding fee$0$0$0
Note rate3.120%3.120%7.320%
Blended rate3.970%4.736%7.560%
1st payment$1,269.03$1,269.03$2,163.83
2nd payment$0.00$359.94$0.00
Taxes / mo$349.50$349.50$349.50
Insurance / mo$150.00$150.00$150.00
MI / mo$209.97$209.97$63.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,978.50$2,338.44$2,726.33
Cash to close$82,992$35,000$35,000