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$273,793$273,793$332,100
Remaining term (yrs)28.928.930.0
Secondary amount$0$58,307$0
Funding fee$0$0$0
Note rate6.720%6.720%7.400%
Blended rate7.270%7.574%7.640%
1st payment$1,789.54$1,789.54$2,299.39
2nd payment$0.00$437.30$0.00
Taxes / mo$239.42$239.42$239.42
Insurance / mo$150.00$150.00$150.00
MI / mo$126.85$126.85$66.42
HOA / mo$0.00$0.00$0.00
Total monthly$2,305.81$2,743.11$2,755.23
Cash to close$95,207$36,900$36,900