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$200,230$200,230$359,910
Remaining term (yrs)25.925.930.0
Secondary amount$0$159,680$0
Funding fee$0$0$0
Note rate5.510%5.510%7.400%
Blended rate6.360%7.088%7.640%
1st payment$1,208.88$1,208.88$2,491.94
2nd payment$0.00$1,064.54$0.00
Taxes / mo$152.25$152.25$152.25
Insurance / mo$150.00$150.00$150.00
MI / mo$150.64$150.64$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,661.77$2,726.31$2,866.18
Cash to close$199,670$39,990$39,990