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$294,508$294,508$307,800
Remaining term (yrs)26.826.830.0
Secondary amount$0$30,392$0
Funding fee$0$0$0
Note rate6.710%6.710%7.400%
Blended rate7.260%7.692%7.640%
1st payment$1,972.49$1,972.49$2,131.15
2nd payment$0.00$300.75$0.00
Taxes / mo$101.50$101.50$101.50
Insurance / mo$150.00$150.00$150.00
MI / mo$139.96$139.96$61.56
HOA / mo$0.00$0.00$0.00
Total monthly$2,363.95$2,664.70$2,444.21
Cash to close$47,492$17,100$34,200