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$306,370$306,370$476,100
Remaining term (yrs)26.026.030.0
Secondary amount$0$169,730$0
Funding fee$0$0$0
Note rate5.660%5.660%7.320%
Blended rate6.510%7.041%7.560%
1st payment$1,872.29$1,872.29$3,270.48
2nd payment$0.00$1,131.54$0.00
Taxes / mo$566.75$566.75$566.75
Insurance / mo$166.67$166.67$166.67
MI / mo$229.50$229.50$95.22
HOA / mo$0.00$0.00$0.00
Total monthly$2,835.21$3,966.75$4,099.11
Cash to close$222,630$52,900$52,900