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$275,691$275,691$468,000
Remaining term (yrs)21.921.930.0
Secondary amount$0$192,309$0
Funding fee$0$0$0
Note rate4.550%4.550%7.400%
Blended rate5.400%6.468%7.640%
1st payment$1,650.91$1,650.91$3,240.34
2nd payment$0.00$1,282.06$0.00
Taxes / mo$271.33$271.33$271.33
Insurance / mo$166.67$166.67$166.67
MI / mo$229.45$229.45$93.60
HOA / mo$0.00$0.00$0.00
Total monthly$2,318.36$3,600.42$3,771.94
Cash to close$244,309$52,000$52,000