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$298,644$298,644$332,910
Remaining term (yrs)25.625.630.0
Secondary amount$0$34,266$0
Funding fee$0$0$0
Note rate5.100%5.100%7.400%
Blended rate5.950%6.264%7.640%
1st payment$1,737.96$1,737.96$2,305.00
2nd payment$0.00$256.99$0.00
Taxes / mo$404.17$404.17$404.17
Insurance / mo$150.00$150.00$150.00
MI / mo$226.73$226.73$66.58
HOA / mo$0.00$0.00$0.00
Total monthly$2,518.86$2,775.85$2,925.75
Cash to close$71,256$36,990$36,990