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$295,464$295,464$310,410
Remaining term (yrs)28.728.730.0
Secondary amount$0$32,191$0
Funding fee$0$0$0
Note rate6.850%6.850%7.400%
Blended rate7.400%7.840%7.640%
1st payment$1,960.10$1,960.10$2,149.22
2nd payment$0.00$318.56$0.00
Taxes / mo$134.42$134.42$134.42
Insurance / mo$150.00$150.00$150.00
MI / mo$137.10$137.10$62.08
HOA / mo$0.00$0.00$0.00
Total monthly$2,381.62$2,700.18$2,495.71
Cash to close$49,436$17,245$34,490