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$53,927$53,927$260,460
Remaining term (yrs)20.420.430.0
Secondary amount$0$206,533$0
Funding fee$0$0$0
Note rate4.120%4.120%7.400%
Blended rate4.970%7.174%7.640%
1st payment$325.02$325.02$1,803.37
2nd payment$0.00$1,333.86$0.00
Taxes / mo$108.75$108.75$108.75
Insurance / mo$150.00$150.00$150.00
MI / mo$47.53$47.53$52.09
HOA / mo$0.00$0.00$0.00
Total monthly$631.31$1,965.16$2,114.21
Cash to close$235,473$28,940$28,940