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$217,831$217,831$238,410
Remaining term (yrs)27.427.430.0
Secondary amount$0$33,824$0
Funding fee$0$0$0
Note rate6.780%6.780%7.320%
Blended rate7.330%7.941%7.560%
1st payment$1,456.35$1,456.35$1,637.71
2nd payment$0.00$334.72$0.00
Taxes / mo$301.66$301.66$301.66
Insurance / mo$150.00$150.00$150.00
MI / mo$102.60$102.60$47.68
HOA / mo$0.00$0.00$0.00
Total monthly$2,010.61$2,345.33$2,137.05
Cash to close$47,069$13,245$26,490