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$203,078$203,078$220,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$29,672$0
Funding fee$0$0$0
Note rate6.580%6.580%7.320%
Blended rate7.130%7.735%7.560%
1st payment$1,402.28$1,402.28$1,514.68
2nd payment$0.00$293.63$0.00
Taxes / mo$128.17$128.17$128.17
Insurance / mo$150.00$150.00$150.00
MI / mo$94.49$94.49$44.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,774.93$2,068.56$1,836.95
Cash to close$41,922$12,250$24,500