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$249,380$249,380$263,250
Remaining term (yrs)25.425.430.0
Secondary amount$0$28,495$0
Funding fee$0$0$0
Note rate3.450%3.450%7.400%
Blended rate4.300%5.077%7.640%
1st payment$1,226.45$1,226.45$1,822.69
2nd payment$0.00$281.98$0.00
Taxes / mo$131.17$131.17$131.17
Insurance / mo$150.00$150.00$150.00
MI / mo$194.67$194.67$52.65
HOA / mo$0.00$0.00$0.00
Total monthly$1,702.28$1,984.26$2,156.51
Cash to close$43,120$14,625$29,250