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$277,711$277,711$303,300
Remaining term (yrs)25.825.830.0
Secondary amount$0$25,589$0
Funding fee$0$0$0
Note rate5.780%5.780%7.320%
Blended rate6.630%6.830%7.560%
1st payment$1,724.63$1,724.63$2,083.46
2nd payment$0.00$191.91$0.00
Taxes / mo$165.08$165.08$165.08
Insurance / mo$150.00$150.00$150.00
MI / mo$208.65$208.65$60.66
HOA / mo$0.00$0.00$0.00
Total monthly$2,248.36$2,440.27$2,459.20
Cash to close$59,289$33,700$33,700