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$255,019$255,019$498,600
Remaining term (yrs)27.927.930.0
Secondary amount$0$243,581$0
Funding fee$0$0$0
Note rate6.470%6.470%7.400%
Blended rate7.020%7.377%7.640%
1st payment$1,645.08$1,645.08$3,452.21
2nd payment$0.00$1,573.13$0.00
Taxes / mo$282.42$282.42$282.42
Insurance / mo$166.67$166.67$166.67
MI / mo$119.66$119.66$99.72
HOA / mo$41.67$41.67$41.67
Total monthly$2,255.50$3,828.63$4,042.68
Cash to close$298,981$55,400$55,400