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$254,939$254,939$459,000
Remaining term (yrs)27.927.930.0
Secondary amount$0$204,061$0
Funding fee$0$0$0
Note rate6.850%6.850%7.400%
Blended rate7.400%7.556%7.640%
1st payment$1,707.48$1,707.48$3,178.02
2nd payment$0.00$1,317.89$0.00
Taxes / mo$241.08$241.08$241.08
Insurance / mo$166.67$166.67$166.67
MI / mo$119.43$119.43$91.80
HOA / mo$20.00$20.00$20.00
Total monthly$2,254.66$3,572.55$3,697.57
Cash to close$255,061$51,000$51,000