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$231,662$231,662$283,499
Remaining term (yrs)26.326.330.0
Secondary amount$0$51,837$0
Funding fee$0$0$0
Note rate6.360%6.360%7.320%
Blended rate6.910%7.292%7.560%
1st payment$1,508.73$1,508.73$1,947.44
2nd payment$0.00$388.78$0.00
Taxes / mo$147.75$147.75$147.75
Insurance / mo$150.00$150.00$150.00
MI / mo$111.02$111.02$56.70
HOA / mo$329.00$329.00$329.00
Total monthly$2,246.50$2,635.27$2,630.89
Cash to close$83,337$31,500$31,500