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$392,260$392,260$413,910
Remaining term (yrs)25.925.930.0
Secondary amount$0$44,645$0
Funding fee$0$0$0
Note rate5.220%5.220%7.320%
Blended rate6.070%6.663%7.560%
1st payment$2,296.61$2,296.61$2,843.27
2nd payment$0.00$441.80$0.00
Taxes / mo$240.67$240.67$240.67
Insurance / mo$166.67$166.67$166.67
MI / mo$295.59$295.59$82.78
HOA / mo$15.83$15.83$15.83
Total monthly$3,015.36$3,457.16$3,349.22
Cash to close$67,640$22,995$45,990