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$221,105$221,105$238,500
Remaining term (yrs)26.426.430.0
Secondary amount$0$30,645$0
Funding fee$0$0$0
Note rate6.330%6.330%7.400%
Blended rate6.880%7.488%7.640%
1st payment$1,435.79$1,435.79$1,651.33
2nd payment$0.00$303.25$0.00
Taxes / mo$161.33$161.33$161.33
Insurance / mo$150.00$150.00$150.00
MI / mo$105.98$105.98$47.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,853.11$2,156.36$2,010.36
Cash to close$43,895$13,250$26,500