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$228,466$228,466$265,410
Remaining term (yrs)26.726.730.0
Secondary amount$0$36,944$0
Funding fee$0$0$0
Note rate6.430%6.430%7.400%
Blended rate6.980%7.261%7.640%
1st payment$1,490.97$1,490.97$1,837.65
2nd payment$0.00$277.08$0.00
Taxes / mo$252.50$252.50$252.50
Insurance / mo$150.00$150.00$150.00
MI / mo$108.91$108.91$53.08
HOA / mo$0.00$0.00$0.00
Total monthly$2,002.38$2,279.46$2,293.23
Cash to close$66,434$29,490$29,490