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$316,736$316,736$377,910
Remaining term (yrs)27.027.030.0
Secondary amount$0$61,174$0
Funding fee$0$0$0
Note rate5.250%5.250%7.400%
Blended rate5.800%6.318%7.640%
1st payment$1,825.61$1,825.61$2,616.57
2nd payment$0.00$458.81$0.00
Taxes / mo$320.67$320.67$320.67
Insurance / mo$150.00$150.00$150.00
MI / mo$151.53$151.53$75.58
HOA / mo$160.00$160.00$160.00
Total monthly$2,607.81$3,066.61$3,322.82
Cash to close$103,164$41,990$41,990