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$282,314$282,314$349,920
Remaining term (yrs)27.627.630.0
Secondary amount$0$67,606$0
Funding fee$0$0$0
Note rate6.880%6.880%7.400%
Blended rate7.430%7.733%7.640%
1st payment$1,902.02$1,902.02$2,422.78
2nd payment$0.00$507.04$0.00
Taxes / mo$324.00$324.00$324.00
Insurance / mo$150.00$150.00$150.00
MI / mo$132.63$132.63$69.98
HOA / mo$180.00$180.00$180.00
Total monthly$2,688.66$3,195.70$3,146.76
Cash to close$106,486$38,880$38,880