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$219,490$219,490$260,910
Remaining term (yrs)27.027.030.0
Secondary amount$0$41,420$0
Funding fee$0$0$0
Note rate7.120%7.120%7.400%
Blended rate7.670%7.881%7.640%
1st payment$1,523.81$1,523.81$1,806.49
2nd payment$0.00$310.65$0.00
Taxes / mo$143.75$143.75$143.75
Insurance / mo$150.00$150.00$150.00
MI / mo$103.72$103.72$52.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,921.27$2,231.92$2,152.42
Cash to close$70,410$28,990$28,990