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$180,931$180,931$227,250
Remaining term (yrs)26.626.630.0
Secondary amount$0$46,319$0
Funding fee$0$0$0
Note rate6.340%6.340%7.400%
Blended rate6.890%7.320%7.640%
1st payment$1,171.82$1,171.82$1,573.43
2nd payment$0.00$347.39$0.00
Taxes / mo$227.00$227.00$227.00
Insurance / mo$150.00$150.00$150.00
MI / mo$86.41$86.41$45.45
HOA / mo$0.00$0.00$0.00
Total monthly$1,635.22$1,982.62$1,995.88
Cash to close$71,569$25,250$25,250