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$246,823$246,823$283,050
Remaining term (yrs)28.528.530.0
Secondary amount$0$36,227$0
Funding fee$0$0$0
Note rate6.810%6.810%7.320%
Blended rate7.360%7.570%7.560%
1st payment$1,633.96$1,633.96$1,944.36
2nd payment$0.00$271.70$0.00
Taxes / mo$252.83$252.83$252.83
Insurance / mo$150.00$150.00$150.00
MI / mo$114.76$114.76$56.61
HOA / mo$0.00$0.00$0.00
Total monthly$2,151.56$2,423.26$2,403.80
Cash to close$67,677$31,450$31,450