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$252,739$252,739$269,999
Remaining term (yrs)27.327.330.0
Secondary amount$0$32,260$0
Funding fee$0$0$0
Note rate6.630%6.630%7.320%
Blended rate7.180%7.711%7.560%
1st payment$1,666.95$1,666.95$1,854.71
2nd payment$0.00$319.24$0.00
Taxes / mo$345.75$345.75$345.75
Insurance / mo$150.00$150.00$150.00
MI / mo$119.26$119.26$54.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,281.96$2,601.20$2,404.46
Cash to close$47,260$15,000$30,000