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$58,257$58,257$367,110
Remaining term (yrs)6.86.830.0
Secondary amount$0$308,853$0
Funding fee$0$0$0
Note rate5.520%5.520%7.400%
Blended rate6.370%7.531%7.640%
1st payment$845.98$845.98$2,541.80
2nd payment$0.00$1,994.68$0.00
Taxes / mo$221.33$221.33$221.33
Insurance / mo$150.00$150.00$150.00
MI / mo$105.31$105.31$73.42
HOA / mo$0.00$0.00$0.00
Total monthly$1,322.62$3,317.30$2,986.55
Cash to close$349,643$40,790$40,790