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$62,983$62,983$247,410
Remaining term (yrs)12.712.730.0
Secondary amount$0$184,427$0
Funding fee$0$0$0
Note rate5.000%5.000%7.400%
Blended rate5.850%7.453%7.640%
1st payment$554.96$554.96$1,713.02
2nd payment$0.00$1,229.51$0.00
Taxes / mo$17.01$17.01$17.01
Insurance / mo$150.00$150.00$150.00
MI / mo$73.23$73.23$49.48
HOA / mo$0.00$0.00$0.00
Total monthly$795.19$2,024.71$1,929.51
Cash to close$211,917$27,490$27,490