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$268,616$268,616$296,910
Remaining term (yrs)25.825.830.0
Secondary amount$0$28,294$0
Funding fee$0$0$0
Note rate5.700%5.700%7.400%
Blended rate6.550%6.783%7.640%
1st payment$1,655.04$1,655.04$2,055.74
2nd payment$0.00$212.21$0.00
Taxes / mo$397.17$397.17$397.17
Insurance / mo$150.00$150.00$150.00
MI / mo$201.98$201.98$59.38
HOA / mo$0.00$0.00$0.00
Total monthly$2,404.19$2,616.39$2,662.29
Cash to close$61,284$32,990$32,990