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$289,115$289,115$310,500
Remaining term (yrs)28.228.230.0
Secondary amount$0$38,635$0
Funding fee$0$0$0
Note rate7.220%7.220%7.400%
Blended rate7.770%8.254%7.640%
1st payment$1,999.64$1,999.64$2,149.84
2nd payment$0.00$382.33$0.00
Taxes / mo$10.00$10.00$10.00
Insurance / mo$150.00$150.00$150.00
MI / mo$135.97$135.97$62.10
HOA / mo$0.00$0.00$0.00
Total monthly$2,295.61$2,677.94$2,371.94
Cash to close$55,885$17,250$34,500