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$221,277$221,277$292,500
Remaining term (yrs)25.925.930.0
Secondary amount$0$71,223$0
Funding fee$0$0$0
Note rate5.300%5.300%7.400%
Blended rate6.150%6.844%7.640%
1st payment$1,308.04$1,308.04$2,025.21
2nd payment$0.00$534.17$0.00
Taxes / mo$69.08$69.08$69.08
Insurance / mo$150.00$150.00$150.00
MI / mo$166.85$166.85$58.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,693.98$2,228.15$2,302.79
Cash to close$103,723$32,500$32,500