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$294,708$294,708$337,410
Remaining term (yrs)27.927.930.0
Secondary amount$0$42,702$0
Funding fee$0$0$0
Note rate6.890%6.890%7.320%
Blended rate7.440%7.637%7.560%
1st payment$1,981.56$1,981.56$2,317.77
2nd payment$0.00$320.26$0.00
Taxes / mo$234.92$234.92$234.92
Insurance / mo$150.00$150.00$150.00
MI / mo$138.04$138.04$67.48
HOA / mo$30.00$30.00$30.00
Total monthly$2,534.52$2,854.78$2,800.17
Cash to close$80,192$37,490$37,490