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$29,278$29,278$183,599
Remaining term (yrs)5.45.430.0
Secondary amount$0$154,321$0
Funding fee$0$0$0
Note rate5.250%5.250%7.400%
Blended rate6.100%7.697%7.640%
1st payment$505.11$505.11$1,271.20
2nd payment$0.00$1,028.81$0.00
Taxes / mo$106.08$106.08$106.08
Insurance / mo$150.00$150.00$150.00
MI / mo$64.79$64.79$36.72
HOA / mo$415.00$415.00$415.00
Total monthly$1,240.98$2,269.79$1,979.01
Cash to close$174,721$20,400$20,400