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$267,352$267,352$310,500
Remaining term (yrs)26.926.930.0
Secondary amount$0$43,148$0
Funding fee$0$0$0
Note rate4.990%4.990%7.400%
Blended rate5.540%6.021%7.640%
1st payment$1,503.71$1,503.71$2,149.84
2nd payment$0.00$323.61$0.00
Taxes / mo$334.59$334.59$334.59
Insurance / mo$150.00$150.00$150.00
MI / mo$128.53$128.53$62.10
HOA / mo$65.00$65.00$65.00
Total monthly$2,181.83$2,505.44$2,761.53
Cash to close$77,648$34,500$34,500