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$211,245$211,245$229,500
Remaining term (yrs)27.927.930.0
Secondary amount$0$31,005$0
Funding fee$0$0$0
Note rate6.470%6.470%7.320%
Blended rate7.020%7.641%7.560%
1st payment$1,362.70$1,362.70$1,576.51
2nd payment$0.00$306.82$0.00
Taxes / mo$80.83$80.83$80.83
Insurance / mo$150.00$150.00$150.00
MI / mo$99.12$99.12$45.90
HOA / mo$282.00$282.00$282.00
Total monthly$1,974.66$2,281.48$2,135.24
Cash to close$43,755$12,750$25,500