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$245,702$245,702$341,910
Remaining term (yrs)26.726.730.0
Secondary amount$0$96,208$0
Funding fee$0$0$0
Note rate6.570%6.570%7.320%
Blended rate7.120%7.649%7.560%
1st payment$1,625.38$1,625.38$2,348.68
2nd payment$0.00$721.56$0.00
Taxes / mo$167.33$167.33$167.33
Insurance / mo$150.00$150.00$150.00
MI / mo$117.01$117.01$68.38
HOA / mo$0.00$0.00$0.00
Total monthly$2,059.72$2,781.28$2,734.40
Cash to close$134,198$37,990$37,990