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$175,091$175,091$222,300
Remaining term (yrs)26.726.730.0
Secondary amount$0$47,209$0
Funding fee$0$0$0
Note rate6.790%6.790%7.400%
Blended rate7.340%7.693%7.640%
1st payment$1,183.01$1,183.01$1,539.16
2nd payment$0.00$354.07$0.00
Taxes / mo$55.25$55.25$55.25
Insurance / mo$150.00$150.00$150.00
MI / mo$83.26$83.26$44.46
HOA / mo$0.00$0.00$0.00
Total monthly$1,471.51$1,825.58$1,788.87
Cash to close$71,909$24,700$24,700