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$294,121$294,121$306,000
Remaining term (yrs)26.626.630.0
Secondary amount$0$28,879$0
Funding fee$0$0$0
Note rate6.390%6.390%7.320%
Blended rate6.940%7.381%7.560%
1st payment$1,914.22$1,914.22$2,102.01
2nd payment$0.00$285.78$0.00
Taxes / mo$95.25$95.25$95.25
Insurance / mo$150.00$150.00$150.00
MI / mo$140.41$140.41$61.20
HOA / mo$230.00$230.00$230.00
Total monthly$2,529.88$2,815.66$2,638.46
Cash to close$45,879$17,000$34,000