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$267,014$267,014$296,100
Remaining term (yrs)29.429.430.0
Secondary amount$0$29,086$0
Funding fee$0$0$0
Note rate6.060%6.060%7.400%
Blended rate6.610%6.845%7.640%
1st payment$1,620.89$1,620.89$2,050.14
2nd payment$0.00$218.15$0.00
Taxes / mo$248.67$248.67$248.67
Insurance / mo$150.00$150.00$150.00
MI / mo$123.12$123.12$59.22
HOA / mo$0.00$0.00$0.00
Total monthly$2,142.67$2,360.82$2,508.02
Cash to close$61,986$32,900$32,900