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$81,881$81,881$306,000
Remaining term (yrs)13.613.630.0
Secondary amount$0$224,119$0
Funding fee$0$0$0
Note rate5.070%5.070%7.400%
Blended rate5.920%7.260%7.640%
1st payment$690.16$690.16$2,118.68
2nd payment$0.00$1,447.44$0.00
Taxes / mo$210.42$210.42$210.42
Insurance / mo$150.00$150.00$150.00
MI / mo$90.35$90.35$61.20
HOA / mo$5.00$5.00$5.00
Total monthly$1,145.92$2,593.36$2,545.30
Cash to close$258,119$34,000$34,000