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$244,586$244,586$314,010
Remaining term (yrs)25.925.930.0
Secondary amount$0$69,424$0
Funding fee$0$0$0
Note rate5.220%5.220%7.400%
Blended rate6.070%6.718%7.640%
1st payment$1,432.00$1,432.00$2,174.14
2nd payment$0.00$520.68$0.00
Taxes / mo$120.82$120.82$120.82
Insurance / mo$150.00$150.00$150.00
MI / mo$184.31$184.31$62.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,887.13$2,407.81$2,507.76
Cash to close$104,314$34,890$34,890