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$228,600$228,600$247,500
Remaining term (yrs)28.328.330.0
Secondary amount$0$32,650$0
Funding fee$0$0$0
Note rate6.690%6.690%7.320%
Blended rate7.240%7.819%7.560%
1st payment$1,499.70$1,499.70$1,700.15
2nd payment$0.00$323.10$0.00
Taxes / mo$370.33$370.33$370.33
Insurance / mo$150.00$150.00$150.00
MI / mo$106.63$106.63$49.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,126.66$2,449.76$2,269.99
Cash to close$46,400$13,750$27,500