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$210,765$210,765$346,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$135,735$0
Funding fee$0$0$0
Note rate2.770%2.770%7.320%
Blended rate3.620%5.336%7.560%
1st payment$988.25$988.25$2,380.21
2nd payment$0.00$904.90$0.00
Taxes / mo$140.17$140.17$140.17
Insurance / mo$150.00$150.00$150.00
MI / mo$171.02$171.02$69.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,449.44$2,354.34$2,739.68
Cash to close$174,235$38,500$38,500