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$255,195$255,195$337,500
Remaining term (yrs)21.921.930.0
Secondary amount$0$82,305$0
Funding fee$0$0$0
Note rate4.600%4.600%7.320%
Blended rate5.450%6.316%7.560%
1st payment$1,535.24$1,535.24$2,318.39
2nd payment$0.00$617.28$0.00
Taxes / mo$433.08$433.08$433.08
Insurance / mo$150.00$150.00$150.00
MI / mo$212.13$212.13$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,330.45$2,947.74$2,968.97
Cash to close$119,805$37,500$37,500