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$240,158$240,158$252,000
Remaining term (yrs)26.526.530.0
Secondary amount$0$25,842$0
Funding fee$0$0$0
Note rate6.420%6.420%7.320%
Blended rate6.970%7.447%7.560%
1st payment$1,569.43$1,569.43$1,731.07
2nd payment$0.00$255.73$0.00
Taxes / mo$176.67$176.67$176.67
Insurance / mo$150.00$150.00$150.00
MI / mo$114.76$114.76$50.40
HOA / mo$0.00$0.00$0.00
Total monthly$2,010.85$2,266.58$2,108.13
Cash to close$39,842$14,000$28,000