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$265,839$265,839$323,910
Remaining term (yrs)25.625.630.0
Secondary amount$0$58,071$0
Funding fee$0$0$0
Note rate5.110%5.110%7.400%
Blended rate5.960%6.505%7.640%
1st payment$1,548.61$1,548.61$2,242.69
2nd payment$0.00$435.53$0.00
Taxes / mo$92.67$92.67$92.67
Insurance / mo$150.00$150.00$150.00
MI / mo$201.80$201.80$64.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,993.09$2,428.62$2,550.14
Cash to close$94,061$35,990$35,990