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$109,329$109,329$314,910
Remaining term (yrs)12.512.530.0
Secondary amount$0$205,581$0
Funding fee$0$0$0
Note rate5.500%5.500%7.400%
Blended rate6.350%7.264%7.640%
1st payment$1,000.26$1,000.26$2,180.37
2nd payment$0.00$1,327.71$0.00
Taxes / mo$104.83$104.83$104.83
Insurance / mo$150.00$150.00$150.00
MI / mo$124.78$124.78$62.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,379.88$2,707.59$2,498.19
Cash to close$240,571$34,990$34,990