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$176,080$176,080$193,500
Remaining term (yrs)23.223.230.0
Secondary amount$0$28,170$0
Funding fee$0$0$0
Note rate6.320%6.320%7.400%
Blended rate6.870%7.560%7.640%
1st payment$1,203.96$1,203.96$1,339.75
2nd payment$0.00$278.76$0.00
Taxes / mo$250.92$250.92$250.92
Insurance / mo$150.00$150.00$150.00
MI / mo$83.10$83.10$38.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,687.98$1,966.74$1,779.37
Cash to close$38,920$10,750$21,500