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$159,825$159,825$224,910
Remaining term (yrs)28.228.230.0
Secondary amount$0$65,085$0
Funding fee$0$0$0
Note rate6.720%6.720%7.320%
Blended rate7.270%7.771%7.560%
1st payment$1,052.67$1,052.67$1,544.98
2nd payment$0.00$488.14$0.00
Taxes / mo$205.67$205.67$205.67
Insurance / mo$150.00$150.00$150.00
MI / mo$74.62$74.62$44.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,482.96$1,971.09$1,945.62
Cash to close$90,075$24,990$24,990