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$228,003$228,003$261,900
Remaining term (yrs)24.424.430.0
Secondary amount$0$33,897$0
Funding fee$0$0$0
Note rate3.050%3.050%7.320%
Blended rate3.900%4.560%7.560%
1st payment$1,099.46$1,099.46$1,799.07
2nd payment$0.00$254.23$0.00
Taxes / mo$409.17$409.17$409.17
Insurance / mo$150.00$150.00$150.00
MI / mo$183.54$183.54$52.38
HOA / mo$60.00$60.00$60.00
Total monthly$1,902.17$2,156.39$2,470.62
Cash to close$62,997$29,100$29,100