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$178,709$178,709$323,100
Remaining term (yrs)28.628.630.0
Secondary amount$0$144,391$0
Funding fee$0$0$0
Note rate6.810%6.810%7.400%
Blended rate7.360%7.646%7.640%
1st payment$1,181.94$1,181.94$2,237.08
2nd payment$0.00$962.61$0.00
Taxes / mo$164.00$164.00$164.00
Insurance / mo$150.00$150.00$150.00
MI / mo$83.01$83.01$64.62
HOA / mo$0.00$0.00$0.00
Total monthly$1,578.95$2,541.56$2,615.70
Cash to close$180,291$35,900$35,900