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$276,515$276,515$328,410
Remaining term (yrs)25.625.630.0
Secondary amount$0$51,895$0
Funding fee$0$0$0
Note rate4.720%4.720%7.320%
Blended rate5.570%6.112%7.560%
1st payment$1,547.78$1,547.78$2,255.95
2nd payment$0.00$389.21$0.00
Taxes / mo$228.33$228.33$228.33
Insurance / mo$150.00$150.00$150.00
MI / mo$210.90$210.90$65.68
HOA / mo$25.00$25.00$25.00
Total monthly$2,162.01$2,551.23$2,724.96
Cash to close$88,385$36,490$36,490