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$223,404$223,404$251,991
Remaining term (yrs)27.927.930.0
Secondary amount$0$28,587$0
Funding fee$0$0$0
Note rate6.850%6.850%7.400%
Blended rate7.400%7.582%7.640%
1st payment$1,494.80$1,494.80$1,744.73
2nd payment$0.00$214.40$0.00
Taxes / mo$7.37$7.37$7.37
Insurance / mo$150.00$150.00$150.00
MI / mo$104.56$104.56$50.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,756.72$1,971.13$1,952.50
Cash to close$56,586$27,999$27,999