Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$212,019$212,019$345,600
Remaining term (yrs)9.79.730.0
Secondary amount$0$133,581$0
Funding fee$0$0$0
Note rate6.630%6.630%7.400%
Blended rate7.480%7.681%7.640%
1st payment$2,450.45$2,450.45$2,392.86
2nd payment$0.00$890.54$0.00
Taxes / mo$121.25$121.25$121.25
Insurance / mo$150.00$150.00$150.00
MI / mo$270.94$270.94$69.12
HOA / mo$0.00$0.00$0.00
Total monthly$2,992.64$3,883.18$2,733.23
Cash to close$171,981$38,400$38,400