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$259,286$259,286$368,910
Remaining term (yrs)29.629.630.0
Secondary amount$0$109,624$0
Funding fee$0$0$0
Note rate6.460%6.460%7.400%
Blended rate7.010%7.304%7.640%
1st payment$1,636.54$1,636.54$2,554.26
2nd payment$0.00$730.83$0.00
Taxes / mo$423.25$423.25$423.25
Insurance / mo$150.00$150.00$150.00
MI / mo$119.17$119.17$73.78
HOA / mo$0.00$0.00$0.00
Total monthly$2,328.96$3,059.79$3,201.29
Cash to close$150,614$40,990$40,990