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$287,796$287,796$346,410
Remaining term (yrs)27.727.730.0
Secondary amount$0$58,614$0
Funding fee$0$0$0
Note rate6.990%6.990%7.320%
Blended rate7.540%7.787%7.560%
1st payment$1,957.78$1,957.78$2,379.60
2nd payment$0.00$439.61$0.00
Taxes / mo$521.42$521.42$521.42
Insurance / mo$150.00$150.00$150.00
MI / mo$135.01$135.01$69.28
HOA / mo$0.00$0.00$0.00
Total monthly$2,764.20$3,203.81$3,120.30
Cash to close$97,104$38,490$38,490