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$285,618$285,618$314,955
Remaining term (yrs)28.528.530.0
Secondary amount$0$29,337$0
Funding fee$0$0$0
Note rate6.500%6.500%7.400%
Blended rate7.050%7.232%7.640%
1st payment$1,832.92$1,832.92$2,180.68
2nd payment$0.00$220.03$0.00
Taxes / mo$68.75$68.75$68.75
Insurance / mo$150.00$150.00$150.00
MI / mo$132.91$132.91$62.99
HOA / mo$0.00$0.00$0.00
Total monthly$2,184.58$2,404.60$2,462.43
Cash to close$64,332$34,995$34,995