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$278,311$278,311$342,000
Remaining term (yrs)28.528.530.0
Secondary amount$0$63,689$0
Funding fee$0$0$0
Note rate6.950%6.950%7.400%
Blended rate7.500%7.779%7.640%
1st payment$1,868.12$1,868.12$2,367.94
2nd payment$0.00$477.67$0.00
Taxes / mo$316.67$316.67$316.67
Insurance / mo$150.00$150.00$150.00
MI / mo$128.02$128.02$68.40
HOA / mo$0.00$0.00$0.00
Total monthly$2,462.81$2,940.48$2,903.01
Cash to close$101,689$38,000$38,000