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$187,634$187,634$229,500
Remaining term (yrs)26.426.430.0
Secondary amount$0$41,866$0
Funding fee$0$0$0
Note rate6.730%6.730%7.320%
Blended rate7.280%7.594%7.560%
1st payment$1,264.73$1,264.73$1,576.51
2nd payment$0.00$314.00$0.00
Taxes / mo$114.33$114.33$114.33
Insurance / mo$150.00$150.00$150.00
MI / mo$89.56$89.56$45.90
HOA / mo$50.00$50.00$50.00
Total monthly$1,668.62$1,982.62$1,936.74
Cash to close$67,366$25,500$25,500