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$177,671$177,671$215,100
Remaining term (yrs)27.127.130.0
Secondary amount$0$37,429$0
Funding fee$0$0$0
Note rate7.490%7.490%7.400%
Blended rate8.040%8.207%7.640%
1st payment$1,275.73$1,275.73$1,489.31
2nd payment$0.00$280.71$0.00
Taxes / mo$199.17$199.17$199.17
Insurance / mo$150.00$150.00$150.00
MI / mo$83.71$83.71$43.02
HOA / mo$0.00$0.00$0.00
Total monthly$1,708.60$1,989.32$1,881.50
Cash to close$61,329$23,900$23,900