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$258,458$258,458$377,910
Remaining term (yrs)25.925.930.0
Secondary amount$0$119,452$0
Funding fee$0$0$0
Note rate5.300%5.300%7.400%
Blended rate6.150%6.735%7.640%
1st payment$1,525.56$1,525.56$2,616.57
2nd payment$0.00$796.35$0.00
Taxes / mo$110.50$110.50$110.50
Insurance / mo$150.00$150.00$150.00
MI / mo$194.60$194.60$75.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,980.66$2,777.01$2,952.65
Cash to close$161,442$41,990$41,990