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$54,340$54,340$332,910
Remaining term (yrs)12.412.430.0
Secondary amount$0$278,570$0
Funding fee$0$0$0
Note rate5.500%5.500%7.400%
Blended rate6.350%7.521%7.640%
1st payment$501.75$501.75$2,305.00
2nd payment$0.00$1,799.10$0.00
Taxes / mo$351.67$351.67$351.67
Insurance / mo$150.00$150.00$150.00
MI / mo$62.59$62.59$66.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,066.01$2,865.11$2,873.25
Cash to close$315,560$36,990$36,990