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$253,698$253,698$297,000
Remaining term (yrs)27.327.330.0
Secondary amount$0$43,302$0
Funding fee$0$0$0
Note rate6.610%6.610%7.400%
Blended rate7.160%7.428%7.640%
1st payment$1,671.80$1,671.80$2,056.37
2nd payment$0.00$324.76$0.00
Taxes / mo$241.92$241.92$241.92
Insurance / mo$150.00$150.00$150.00
MI / mo$119.85$119.85$59.40
HOA / mo$0.00$0.00$0.00
Total monthly$2,183.57$2,508.33$2,507.68
Cash to close$76,302$33,000$33,000