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$296,271$296,271$359,999
Remaining term (yrs)27.727.730.0
Secondary amount$0$63,728$0
Funding fee$0$0$0
Note rate6.990%6.990%7.320%
Blended rate7.540%7.798%7.560%
1st payment$2,015.43$2,015.43$2,472.94
2nd payment$0.00$477.96$0.00
Taxes / mo$144.92$144.92$144.92
Insurance / mo$150.00$150.00$150.00
MI / mo$138.99$138.99$72.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,449.34$2,927.29$2,839.86
Cash to close$103,728$40,000$40,000