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$187,852$187,852$719,910
Remaining term (yrs)11.511.530.0
Secondary amount$0$532,058$0
Funding fee$0$0$0
Note rate5.720%5.720%7.320%
Blended rate6.570%7.442%7.560%
1st payment$1,842.03$1,842.03$4,945.28
2nd payment$0.00$3,436.21$0.00
Taxes / mo$458.67$458.67$458.67
Insurance / mo$216.67$216.67$216.67
MI / mo$224.32$224.32$143.98
HOA / mo$110.00$110.00$110.00
Total monthly$2,851.68$6,287.88$5,874.60
Cash to close$612,048$79,990$79,990