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$231,426$231,426$253,710
Remaining term (yrs)25.825.830.0
Secondary amount$0$36,379$0
Funding fee$0$0$0
Note rate5.780%5.780%7.400%
Blended rate6.630%7.342%7.640%
1st payment$1,437.18$1,437.18$1,756.64
2nd payment$0.00$360.01$0.00
Taxes / mo$353.02$353.02$353.02
Insurance / mo$150.00$150.00$150.00
MI / mo$173.88$173.88$50.74
HOA / mo$0.00$0.00$0.00
Total monthly$2,114.08$2,474.08$2,310.40
Cash to close$50,474$14,095$28,190