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$233,485$233,485$269,910
Remaining term (yrs)26.626.630.0
Secondary amount$0$36,425$0
Funding fee$0$0$0
Note rate6.270%6.270%7.400%
Blended rate6.820%7.114%7.640%
1st payment$1,501.88$1,501.88$1,868.80
2nd payment$0.00$273.18$0.00
Taxes / mo$662.25$662.25$662.25
Insurance / mo$150.00$150.00$150.00
MI / mo$111.56$111.56$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,425.69$2,698.88$2,735.03
Cash to close$66,415$29,990$29,990