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$54,310$54,310$243,000
Remaining term (yrs)16.916.930.0
Secondary amount$0$188,690$0
Funding fee$0$0$0
Note rate4.400%4.400%7.320%
Blended rate5.250%7.385%7.560%
1st payment$377.32$377.32$1,669.24
2nd payment$0.00$1,257.93$0.00
Taxes / mo$107.33$107.33$107.33
Insurance / mo$150.00$150.00$150.00
MI / mo$53.37$53.37$48.60
HOA / mo$0.00$0.00$0.00
Total monthly$688.02$1,945.96$1,975.17
Cash to close$215,690$27,000$27,000