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$281,080$281,080$296,100
Remaining term (yrs)27.427.430.0
Secondary amount$0$31,470$0
Funding fee$0$0$0
Note rate6.640%6.640%7.400%
Blended rate7.190%7.662%7.640%
1st payment$1,853.72$1,853.72$2,050.14
2nd payment$0.00$311.42$0.00
Taxes / mo$271.33$271.33$271.33
Insurance / mo$150.00$150.00$150.00
MI / mo$132.48$132.48$59.22
HOA / mo$0.00$0.00$0.00
Total monthly$2,407.54$2,718.96$2,530.69
Cash to close$47,920$16,450$32,900