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$262,745$262,745$273,600
Remaining term (yrs)27.427.430.0
Secondary amount$0$26,055$0
Funding fee$0$0$0
Note rate6.770%6.770%7.320%
Blended rate7.320%7.731%7.560%
1st payment$1,754.93$1,754.93$1,879.44
2nd payment$0.00$257.84$0.00
Taxes / mo$195.00$195.00$195.00
Insurance / mo$150.00$150.00$150.00
MI / mo$123.76$123.76$54.72
HOA / mo$0.00$0.00$0.00
Total monthly$2,223.69$2,481.52$2,279.16
Cash to close$41,255$15,200$30,400