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$171,134$171,134$211,500
Remaining term (yrs)27.427.430.0
Secondary amount$0$40,366$0
Funding fee$0$0$0
Note rate6.900%6.900%7.400%
Blended rate7.450%7.746%7.640%
1st payment$1,157.54$1,157.54$1,464.38
2nd payment$0.00$302.74$0.00
Taxes / mo$149.33$149.33$149.33
Insurance / mo$150.00$150.00$150.00
MI / mo$80.56$80.56$42.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,537.42$1,840.17$1,806.02
Cash to close$63,866$23,500$23,500