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$153,522$153,522$184,500
Remaining term (yrs)26.626.630.0
Secondary amount$0$30,978$0
Funding fee$0$0$0
Note rate6.270%6.270%7.320%
Blended rate6.820%7.186%7.560%
1st payment$987.52$987.52$1,267.39
2nd payment$0.00$232.33$0.00
Taxes / mo$119.58$119.58$119.58
Insurance / mo$150.00$150.00$150.00
MI / mo$73.35$73.35$36.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,330.46$1,562.79$1,573.87
Cash to close$51,478$20,500$20,500