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$270,825$270,825$301,500
Remaining term (yrs)26.326.330.0
Secondary amount$0$30,675$0
Funding fee$0$0$0
Note rate6.360%6.360%7.400%
Blended rate7.210%7.392%7.640%
1st payment$1,765.93$1,765.93$2,087.53
2nd payment$0.00$230.06$0.00
Taxes / mo$460.75$460.75$460.75
Insurance / mo$150.00$150.00$150.00
MI / mo$200.82$200.82$60.30
HOA / mo$91.67$91.67$91.67
Total monthly$2,669.16$2,899.22$2,850.25
Cash to close$64,175$33,500$33,500