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$242,112$242,112$288,000
Remaining term (yrs)25.525.530.0
Secondary amount$0$45,888$0
Funding fee$0$0$0
Note rate4.720%4.720%7.320%
Blended rate5.570%6.117%7.560%
1st payment$1,357.47$1,357.47$1,978.36
2nd payment$0.00$344.16$0.00
Taxes / mo$524.42$524.42$524.42
Insurance / mo$150.00$150.00$150.00
MI / mo$184.97$184.97$57.60
HOA / mo$0.00$0.00$0.00
Total monthly$2,216.86$2,561.01$2,710.38
Cash to close$77,888$32,000$32,000