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$243,690$243,690$260,100
Remaining term (yrs)26.326.330.0
Secondary amount$0$30,860$0
Funding fee$0$0$0
Note rate6.270%6.270%7.400%
Blended rate7.120%7.654%7.640%
1st payment$1,575.19$1,575.19$1,800.88
2nd payment$0.00$305.38$0.00
Taxes / mo$174.92$174.92$174.92
Insurance / mo$150.00$150.00$150.00
MI / mo$180.83$180.83$52.02
HOA / mo$0.00$0.00$0.00
Total monthly$2,080.93$2,386.32$2,177.82
Cash to close$45,310$14,450$28,900