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$52,823$52,823$238,500
Remaining term (yrs)13.113.130.0
Secondary amount$0$185,677$0
Funding fee$0$0$0
Note rate5.000%5.000%7.400%
Blended rate5.850%7.524%7.640%
1st payment$454.99$454.99$1,651.33
2nd payment$0.00$1,237.85$0.00
Taxes / mo$55.00$55.00$55.00
Insurance / mo$150.00$150.00$150.00
MI / mo$60.04$60.04$47.70
HOA / mo$0.00$0.00$0.00
Total monthly$720.03$1,957.88$1,904.03
Cash to close$212,177$26,500$26,500