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$260,049$260,049$386,910
Remaining term (yrs)26.826.830.0
Secondary amount$0$126,861$0
Funding fee$0$0$0
Note rate6.710%6.710%7.320%
Blended rate7.260%7.503%7.560%
1st payment$1,741.70$1,741.70$2,657.80
2nd payment$0.00$845.74$0.00
Taxes / mo$174.17$174.17$174.17
Insurance / mo$150.00$150.00$150.00
MI / mo$123.58$123.58$77.38
HOA / mo$0.00$0.00$0.00
Total monthly$2,189.45$3,035.19$3,059.35
Cash to close$169,851$42,990$42,990