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$172,747$172,747$207,000
Remaining term (yrs)28.028.030.0
Secondary amount$0$34,253$0
Funding fee$0$0$0
Note rate6.120%6.120%7.400%
Blended rate6.670%7.056%7.640%
1st payment$1,073.31$1,073.31$1,433.23
2nd payment$0.00$256.90$0.00
Taxes / mo$70.33$70.33$70.33
Insurance / mo$150.00$150.00$150.00
MI / mo$81.01$81.01$41.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,374.65$1,631.55$1,694.96
Cash to close$57,253$23,000$23,000