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$218,902$218,902$279,000
Remaining term (yrs)29.429.430.0
Secondary amount$0$60,098$0
Funding fee$0$0$0
Note rate6.100%6.100%7.400%
Blended rate6.650%7.156%7.640%
1st payment$1,334.46$1,334.46$1,931.74
2nd payment$0.00$450.73$0.00
Taxes / mo$328.92$328.92$328.92
Insurance / mo$150.00$150.00$150.00
MI / mo$100.93$100.93$55.80
HOA / mo$50.00$50.00$50.00
Total monthly$1,964.30$2,415.03$2,516.46
Cash to close$91,098$31,000$31,000