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$168,412$168,412$206,999
Remaining term (yrs)27.527.530.0
Secondary amount$0$38,587$0
Funding fee$0$0$0
Note rate6.870%6.870%7.400%
Blended rate7.420%7.715%7.640%
1st payment$1,134.67$1,134.67$1,433.22
2nd payment$0.00$289.40$0.00
Taxes / mo$186.92$186.92$186.92
Insurance / mo$150.00$150.00$150.00
MI / mo$79.21$79.21$41.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,550.80$1,840.20$1,811.54
Cash to close$61,587$23,000$23,000