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$188,371$188,371$224,550
Remaining term (yrs)25.725.730.0
Secondary amount$0$36,179$0
Funding fee$0$0$0
Note rate5.230%5.230%7.400%
Blended rate6.080%6.550%7.640%
1st payment$1,109.02$1,109.02$1,554.74
2nd payment$0.00$271.35$0.00
Taxes / mo$189.67$189.67$189.67
Insurance / mo$150.00$150.00$150.00
MI / mo$142.58$142.58$44.91
HOA / mo$0.00$0.00$0.00
Total monthly$1,591.26$1,862.61$1,939.32
Cash to close$61,129$24,950$24,950