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$229,576$229,576$250,200
Remaining term (yrs)23.423.430.0
Secondary amount$0$34,524$0
Funding fee$0$0$0
Note rate6.630%6.630%7.400%
Blended rate7.180%7.794%7.640%
1st payment$1,606.17$1,606.17$1,732.33
2nd payment$0.00$341.64$0.00
Taxes / mo$256.58$256.58$256.58
Insurance / mo$150.00$150.00$150.00
MI / mo$107.73$107.73$50.04
HOA / mo$0.00$0.00$0.00
Total monthly$2,120.48$2,462.12$2,188.96
Cash to close$48,424$13,900$27,800