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$247,887$247,887$279,914
Remaining term (yrs)38.838.830.0
Secondary amount$0$32,027$0
Funding fee$0$0$0
Note rate6.670%6.670%7.400%
Blended rate7.220%7.424%7.640%
1st payment$1,489.76$1,489.76$1,938.07
2nd payment$0.00$240.21$0.00
Taxes / mo$241.67$241.67$241.67
Insurance / mo$150.00$150.00$150.00
MI / mo$114.26$114.26$55.98
HOA / mo$40.00$40.00$40.00
Total monthly$2,035.69$2,275.89$2,425.72
Cash to close$63,129$31,102$31,102