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$230,160$230,160$283,410
Remaining term (yrs)25.325.330.0
Secondary amount$0$53,250$0
Funding fee$0$0$0
Note rate3.550%3.550%7.320%
Blended rate4.400%5.264%7.560%
1st payment$1,144.32$1,144.32$1,946.83
2nd payment$0.00$399.38$0.00
Taxes / mo$77.08$77.08$77.08
Insurance / mo$150.00$150.00$150.00
MI / mo$179.39$179.39$56.68
HOA / mo$18.00$18.00$18.00
Total monthly$1,568.79$1,968.17$2,248.60
Cash to close$84,740$31,490$31,490