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$267,451$267,451$306,000
Remaining term (yrs)26.426.430.0
Secondary amount$0$38,549$0
Funding fee$0$0$0
Note rate6.270%6.270%7.320%
Blended rate6.820%7.095%7.560%
1st payment$1,726.65$1,726.65$2,102.01
2nd payment$0.00$289.12$0.00
Taxes / mo$283.33$283.33$283.33
Insurance / mo$150.00$150.00$150.00
MI / mo$128.26$128.26$61.20
HOA / mo$0.00$0.00$0.00
Total monthly$2,288.24$2,577.36$2,596.54
Cash to close$72,549$34,000$34,000