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$233,167$233,167$369,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$135,833$0
Funding fee$0$0$0
Note rate2.990%2.990%7.400%
Blended rate3.840%5.371%7.640%
1st payment$1,132.82$1,132.82$2,554.88
2nd payment$0.00$905.55$0.00
Taxes / mo$232.17$232.17$232.17
Insurance / mo$150.00$150.00$150.00
MI / mo$190.57$190.57$73.80
HOA / mo$45.00$45.00$45.00
Total monthly$1,750.55$2,656.11$3,055.85
Cash to close$176,833$41,000$41,000