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$250,188$250,188$287,190
Remaining term (yrs)29.529.530.0
Secondary amount$0$37,002$0
Funding fee$0$0$0
Note rate5.980%5.980%7.320%
Blended rate6.530%6.848%7.560%
1st payment$1,502.84$1,502.84$1,972.80
2nd payment$0.00$277.51$0.00
Taxes / mo$265.92$265.92$265.92
Insurance / mo$150.00$150.00$150.00
MI / mo$115.13$115.13$57.44
HOA / mo$0.00$0.00$0.00
Total monthly$2,033.89$2,311.40$2,446.15
Cash to close$68,912$31,910$31,910