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$278,789$278,789$323,910
Remaining term (yrs)27.927.930.0
Secondary amount$0$45,121$0
Funding fee$0$0$0
Note rate6.900%6.900%7.400%
Blended rate7.450%7.666%7.640%
1st payment$1,876.35$1,876.35$2,242.69
2nd payment$0.00$338.40$0.00
Taxes / mo$132.42$132.42$132.42
Insurance / mo$150.00$150.00$150.00
MI / mo$130.58$130.58$64.78
HOA / mo$0.00$0.00$0.00
Total monthly$2,289.35$2,627.75$2,589.89
Cash to close$81,111$35,990$35,990