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$271,769$271,769$296,910
Remaining term (yrs)27.327.330.0
Secondary amount$0$25,141$0
Funding fee$0$0$0
Note rate6.600%6.600%7.320%
Blended rate7.150%7.307%7.560%
1st payment$1,787.20$1,787.20$2,039.57
2nd payment$0.00$188.56$0.00
Taxes / mo$567.42$567.42$567.42
Insurance / mo$150.00$150.00$150.00
MI / mo$128.26$128.26$59.38
HOA / mo$0.00$0.00$0.00
Total monthly$2,632.88$2,821.44$2,816.36
Cash to close$58,131$32,990$32,990