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$224,797$224,797$314,999
Remaining term (yrs)25.625.630.0
Secondary amount$0$90,202$0
Funding fee$0$0$0
Note rate5.300%5.300%7.320%
Blended rate6.150%6.966%7.560%
1st payment$1,334.86$1,334.86$2,163.83
2nd payment$0.00$676.52$0.00
Taxes / mo$199.75$199.75$199.75
Insurance / mo$150.00$150.00$150.00
MI / mo$170.27$170.27$63.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,854.89$2,531.40$2,576.58
Cash to close$125,202$35,000$35,000