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$216,949$216,949$233,100
Remaining term (yrs)25.825.830.0
Secondary amount$0$29,101$0
Funding fee$0$0$0
Note rate5.520%5.520%7.400%
Blended rate6.370%7.021%7.640%
1st payment$1,313.03$1,313.03$1,613.94
2nd payment$0.00$287.98$0.00
Taxes / mo$275.00$275.00$275.00
Insurance / mo$150.00$150.00$150.00
MI / mo$163.44$163.44$46.62
HOA / mo$0.00$0.00$0.00
Total monthly$1,901.47$2,189.45$2,085.56
Cash to close$42,051$12,950$25,900