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$271,189$271,189$306,000
Remaining term (yrs)25.325.330.0
Secondary amount$0$34,811$0
Funding fee$0$0$0
Note rate3.450%3.450%7.400%
Blended rate4.300%4.835%7.640%
1st payment$1,336.43$1,336.43$2,118.68
2nd payment$0.00$261.08$0.00
Taxes / mo$187.75$187.75$187.75
Insurance / mo$150.00$150.00$150.00
MI / mo$212.13$212.13$61.20
HOA / mo$12.50$12.50$12.50
Total monthly$1,898.81$2,159.89$2,530.13
Cash to close$68,811$34,000$34,000