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$202,615$202,615$607,410
Remaining term (yrs)28.328.330.0
Secondary amount$0$404,795$0
Funding fee$0$0$0
Note rate6.930%6.930%7.400%
Blended rate7.480%7.660%7.640%
1st payment$1,361.14$1,361.14$4,205.58
2nd payment$0.00$2,614.30$0.00
Taxes / mo$314.75$314.75$314.75
Insurance / mo$166.67$166.67$166.67
MI / mo$94.44$94.44$121.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,936.99$4,551.29$4,808.48
Cash to close$472,285$67,490$67,490