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$254,735$254,735$351,000
Remaining term (yrs)22.222.230.0
Secondary amount$0$96,265$0
Funding fee$0$0$0
Note rate4.750%4.750%7.400%
Blended rate5.600%6.532%7.640%
1st payment$1,543.89$1,543.89$2,430.25
2nd payment$0.00$721.98$0.00
Taxes / mo$301.08$301.08$301.08
Insurance / mo$150.00$150.00$150.00
MI / mo$209.64$209.64$70.20
HOA / mo$40.00$40.00$40.00
Total monthly$2,244.62$2,966.60$2,991.54
Cash to close$135,265$39,000$39,000