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$258,179$258,179$287,100
Remaining term (yrs)26.126.130.0
Secondary amount$0$28,921$0
Funding fee$0$0$0
Note rate6.940%6.940%7.400%
Blended rate7.790%7.912%7.640%
1st payment$1,783.05$1,783.05$1,987.82
2nd payment$0.00$216.90$0.00
Taxes / mo$265.83$265.83$265.83
Insurance / mo$150.00$150.00$150.00
MI / mo$190.99$190.99$57.42
HOA / mo$0.00$0.00$0.00
Total monthly$2,389.88$2,606.78$2,461.08
Cash to close$60,821$31,900$31,900