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$250,231$250,231$276,210
Remaining term (yrs)26.526.530.0
Secondary amount$0$25,979$0
Funding fee$0$0$0
Note rate6.270%6.270%7.400%
Blended rate6.820%7.025%7.640%
1st payment$1,611.54$1,611.54$1,912.42
2nd payment$0.00$194.84$0.00
Taxes / mo$159.33$159.33$159.33
Insurance / mo$150.00$150.00$150.00
MI / mo$119.71$119.71$55.24
HOA / mo$0.00$0.00$0.00
Total monthly$2,040.58$2,235.42$2,277.00
Cash to close$56,669$30,690$30,690