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$370,575$370,575$449,910
Remaining term (yrs)25.625.630.0
Secondary amount$0$79,335$0
Funding fee$0$0$0
Note rate5.000%5.000%7.400%
Blended rate5.850%6.405%7.640%
1st payment$2,134.75$2,134.75$3,115.09
2nd payment$0.00$595.01$0.00
Taxes / mo$416.58$416.58$416.58
Insurance / mo$166.67$166.67$166.67
MI / mo$281.68$281.68$89.98
HOA / mo$96.00$96.00$96.00
Total monthly$3,095.68$3,690.68$3,884.32
Cash to close$129,325$49,990$49,990