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$126,924$126,924$463,500
Remaining term (yrs)12.912.930.0
Secondary amount$0$336,576$0
Funding fee$0$0$0
Note rate5.200%5.200%7.400%
Blended rate6.050%7.284%7.640%
1st payment$1,116.07$1,116.07$3,209.18
2nd payment$0.00$2,173.72$0.00
Taxes / mo$458.83$458.83$458.83
Insurance / mo$166.67$166.67$166.67
MI / mo$143.97$143.97$92.70
HOA / mo$50.67$50.67$50.67
Total monthly$1,936.21$4,109.92$3,978.05
Cash to close$388,076$51,500$51,500