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$233,737$233,737$377,999
Remaining term (yrs)28.628.630.0
Secondary amount$0$144,262$0
Funding fee$0$0$0
Note rate6.500%6.500%7.400%
Blended rate7.050%7.413%7.640%
1st payment$1,498.49$1,498.49$2,617.19
2nd payment$0.00$961.74$0.00
Taxes / mo$113.08$113.08$113.08
Insurance / mo$150.00$150.00$150.00
MI / mo$108.66$108.66$75.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,870.23$2,831.98$2,955.87
Cash to close$186,262$42,000$42,000