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$194,968$194,968$310,500
Remaining term (yrs)26.526.530.0
Secondary amount$0$115,532$0
Funding fee$0$0$0
Note rate6.270%6.270%7.320%
Blended rate6.820%7.259%7.560%
1st payment$1,255.63$1,255.63$2,132.92
2nd payment$0.00$770.21$0.00
Taxes / mo$104.92$104.92$104.92
Insurance / mo$150.00$150.00$150.00
MI / mo$93.27$93.27$62.10
HOA / mo$305.00$305.00$305.00
Total monthly$1,908.82$2,679.03$2,754.94
Cash to close$150,032$34,500$34,500