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$258,275$258,275$292,500
Remaining term (yrs)28.528.530.0
Secondary amount$0$34,225$0
Funding fee$0$0$0
Note rate6.670%6.670%7.400%
Blended rate7.220%7.428%7.640%
1st payment$1,686.05$1,686.05$2,025.21
2nd payment$0.00$256.69$0.00
Taxes / mo$362.08$362.08$362.08
Insurance / mo$150.00$150.00$150.00
MI / mo$120.13$120.13$58.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,318.27$2,574.96$2,595.79
Cash to close$66,725$32,500$32,500