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$188,069$188,069$215,550
Remaining term (yrs)25.725.730.0
Secondary amount$0$27,481$0
Funding fee$0$0$0
Note rate5.090%5.090%7.400%
Blended rate5.940%6.330%7.640%
1st payment$1,091.65$1,091.65$1,492.42
2nd payment$0.00$206.11$0.00
Taxes / mo$189.67$189.67$189.67
Insurance / mo$150.00$150.00$150.00
MI / mo$142.58$142.58$43.11
HOA / mo$0.00$0.00$0.00
Total monthly$1,573.89$1,780.00$1,875.20
Cash to close$51,431$23,950$23,950