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$278,786$278,786$335,700
Remaining term (yrs)26.426.430.0
Secondary amount$0$56,914$0
Funding fee$0$0$0
Note rate6.150%6.150%7.320%
Blended rate6.700%7.090%7.560%
1st payment$1,776.63$1,776.63$2,306.03
2nd payment$0.00$426.85$0.00
Taxes / mo$89.83$89.83$89.83
Insurance / mo$150.00$150.00$150.00
MI / mo$133.66$133.66$67.14
HOA / mo$0.00$0.00$0.00
Total monthly$2,150.12$2,576.98$2,613.00
Cash to close$94,214$37,300$37,300