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$227,676$227,676$314,910
Remaining term (yrs)25.825.830.0
Secondary amount$0$87,234$0
Funding fee$0$0$0
Note rate5.780%5.780%7.320%
Blended rate6.630%7.287%7.560%
1st payment$1,413.90$1,413.90$2,163.21
2nd payment$0.00$654.25$0.00
Taxes / mo$579.50$579.50$579.50
Insurance / mo$150.00$150.00$150.00
MI / mo$171.06$171.06$62.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,314.46$2,968.71$2,955.70
Cash to close$122,224$34,990$34,990