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$277,868$277,868$359,100
Remaining term (yrs)29.229.230.0
Secondary amount$0$81,232$0
Funding fee$0$0$0
Note rate6.580%6.580%7.400%
Blended rate7.130%7.553%7.640%
1st payment$1,783.91$1,783.91$2,486.34
2nd payment$0.00$609.24$0.00
Taxes / mo$332.50$332.50$332.50
Insurance / mo$150.00$150.00$150.00
MI / mo$128.29$128.29$71.82
HOA / mo$95.00$95.00$95.00
Total monthly$2,489.70$3,098.94$3,135.66
Cash to close$121,132$39,900$39,900