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$217,882$217,882$237,600
Remaining term (yrs)29.129.130.0
Secondary amount$0$32,918$0
Funding fee$0$0$0
Note rate6.300%6.300%7.400%
Blended rate6.850%7.510%7.640%
1st payment$1,360.38$1,360.38$1,645.09
2nd payment$0.00$325.75$0.00
Taxes / mo$197.25$197.25$197.25
Insurance / mo$150.00$150.00$150.00
MI / mo$100.73$100.73$47.52
HOA / mo$0.00$0.00$0.00
Total monthly$1,808.36$2,134.12$2,039.86
Cash to close$46,118$13,200$26,400