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$246,428$246,428$275,850
Remaining term (yrs)24.624.630.0
Secondary amount$0$29,422$0
Funding fee$0$0$0
Note rate6.300%6.300%7.400%
Blended rate6.850%7.079%7.640%
1st payment$1,640.05$1,640.05$1,909.93
2nd payment$0.00$220.67$0.00
Taxes / mo$155.58$155.58$155.58
Insurance / mo$150.00$150.00$150.00
MI / mo$113.42$113.42$55.17
HOA / mo$84.00$84.00$84.00
Total monthly$2,143.05$2,363.71$2,354.68
Cash to close$60,072$30,650$30,650