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$158,555$158,555$186,300
Remaining term (yrs)25.925.930.0
Secondary amount$0$27,745$0
Funding fee$0$0$0
Note rate5.520%5.520%7.400%
Blended rate6.370%6.762%7.640%
1st payment$958.23$958.23$1,289.90
2nd payment$0.00$208.08$0.00
Taxes / mo$250.33$250.33$250.33
Insurance / mo$150.00$150.00$150.00
MI / mo$119.28$119.28$37.26
HOA / mo$0.00$0.00$0.00
Total monthly$1,477.84$1,685.93$1,727.50
Cash to close$48,445$20,700$20,700