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$229,358$229,358$305,910
Remaining term (yrs)29.629.630.0
Secondary amount$0$76,552$0
Funding fee$0$0$0
Note rate6.380%6.380%7.320%
Blended rate6.930%7.448%7.560%
1st payment$1,435.65$1,435.65$2,101.39
2nd payment$0.00$574.14$0.00
Taxes / mo$66.75$66.75$66.75
Insurance / mo$150.00$150.00$150.00
MI / mo$105.42$105.42$61.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,757.82$2,331.96$2,379.32
Cash to close$110,542$33,990$33,990