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$103,048$103,048$283,500
Remaining term (yrs)24.124.130.0
Secondary amount$0$180,452$0
Funding fee$0$0$0
Note rate2.810%2.810%7.400%
Blended rate3.660%6.422%7.640%
1st payment$488.77$488.77$1,962.90
2nd payment$0.00$1,203.01$0.00
Taxes / mo$262.50$262.50$262.50
Insurance / mo$150.00$150.00$150.00
MI / mo$84.15$84.15$56.70
HOA / mo$455.00$455.00$455.00
Total monthly$1,440.41$2,643.43$2,887.10
Cash to close$211,952$31,500$31,500