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$255,188$255,188$333,000
Remaining term (yrs)21.521.530.0
Secondary amount$0$77,812$0
Funding fee$0$0$0
Note rate4.400%4.400%7.320%
Blended rate5.250%6.126%7.560%
1st payment$1,524.24$1,524.24$2,287.48
2nd payment$0.00$583.59$0.00
Taxes / mo$184.67$184.67$184.67
Insurance / mo$150.00$150.00$150.00
MI / mo$215.61$215.61$66.60
HOA / mo$460.00$460.00$460.00
Total monthly$2,534.51$3,118.10$3,148.75
Cash to close$114,812$37,000$37,000