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$295,506$295,506$355,050
Remaining term (yrs)25.925.930.0
Secondary amount$0$59,544$0
Funding fee$0$0$0
Note rate5.410%5.410%7.400%
Blended rate6.260%6.720%7.640%
1st payment$1,766.31$1,766.31$2,458.29
2nd payment$0.00$446.58$0.00
Taxes / mo$414.85$414.85$414.85
Insurance / mo$150.00$150.00$150.00
MI / mo$222.56$222.56$71.01
HOA / mo$20.50$20.50$20.50
Total monthly$2,574.23$3,020.80$3,114.65
Cash to close$98,994$39,450$39,450