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$251,500$251,500$539,910
Remaining term (yrs)21.521.530.0
Secondary amount$0$288,410$0
Funding fee$0$0$0
Note rate4.440%4.440%7.400%
Blended rate5.290%6.604%7.640%
1st payment$1,507.71$1,507.71$3,738.23
2nd payment$0.00$1,862.65$0.00
Taxes / mo$550.92$550.92$550.92
Insurance / mo$166.67$166.67$166.67
MI / mo$212.27$212.27$107.98
HOA / mo$49.67$49.67$49.67
Total monthly$2,487.23$4,349.88$4,613.46
Cash to close$348,400$59,990$59,990