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$196,520$196,520$221,400
Remaining term (yrs)26.926.930.0
Secondary amount$0$37,180$0
Funding fee$0$0$0
Note rate6.570%6.570%7.400%
Blended rate7.120%7.876%7.640%
1st payment$1,295.64$1,295.64$1,532.93
2nd payment$0.00$367.93$0.00
Taxes / mo$205.00$205.00$205.00
Insurance / mo$150.00$150.00$150.00
MI / mo$93.27$93.27$44.28
HOA / mo$0.00$0.00$0.00
Total monthly$1,743.91$2,111.84$1,932.21
Cash to close$49,480$12,300$24,600