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$227,798$227,798$244,800
Remaining term (yrs)25.725.730.0
Secondary amount$0$30,602$0
Funding fee$0$0$0
Note rate5.700%5.700%7.320%
Blended rate6.550%7.181%7.560%
1st payment$1,405.53$1,405.53$1,681.61
2nd payment$0.00$302.83$0.00
Taxes / mo$215.17$215.17$215.17
Insurance / mo$150.00$150.00$150.00
MI / mo$171.53$171.53$48.96
HOA / mo$373.00$373.00$373.00
Total monthly$2,315.23$2,618.06$2,468.74
Cash to close$44,202$13,600$27,200