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$56,904$56,904$215,910
Remaining term (yrs)13.913.930.0
Secondary amount$0$159,006$0
Funding fee$0$0$0
Note rate4.440%4.440%7.400%
Blended rate5.290%7.286%7.640%
1st payment$453.48$453.48$1,494.92
2nd payment$0.00$1,060.04$0.00
Taxes / mo$42.75$42.75$42.75
Insurance / mo$150.00$150.00$150.00
MI / mo$63.84$63.84$43.18
HOA / mo$0.00$0.00$0.00
Total monthly$710.08$1,770.12$1,730.85
Cash to close$182,996$23,990$23,990