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$237,453$237,453$369,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$131,547$0
Funding fee$0$0$0
Note rate3.020%3.020%7.320%
Blended rate3.870%5.342%7.560%
1st payment$1,141.33$1,141.33$2,534.77
2nd payment$0.00$876.98$0.00
Taxes / mo$249.75$249.75$249.75
Insurance / mo$150.00$150.00$150.00
MI / mo$191.26$191.26$73.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,732.34$2,609.32$3,008.32
Cash to close$172,547$41,000$41,000