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$58,189$58,189$314,100
Remaining term (yrs)17.717.730.0
Secondary amount$0$255,911$0
Funding fee$0$0$0
Note rate4.370%4.370%7.400%
Blended rate5.220%7.281%7.640%
1st payment$391.96$391.96$2,174.76
2nd payment$0.00$1,652.76$0.00
Taxes / mo$236.00$236.00$236.00
Insurance / mo$150.00$150.00$150.00
MI / mo$55.64$55.64$62.82
HOA / mo$0.00$0.00$0.00
Total monthly$833.60$2,486.36$2,623.58
Cash to close$290,811$34,900$34,900