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$184,407$184,407$206,100
Remaining term (yrs)28.428.430.0
Secondary amount$0$33,143$0
Funding fee$0$0$0
Note rate6.850%6.850%7.400%
Blended rate7.400%8.082%7.640%
1st payment$1,226.78$1,226.78$1,426.99
2nd payment$0.00$327.98$0.00
Taxes / mo$111.83$111.83$111.83
Insurance / mo$150.00$150.00$150.00
MI / mo$85.81$85.81$41.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,574.42$1,902.40$1,730.05
Cash to close$44,593$11,450$22,900