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$221,178$221,178$234,000
Remaining term (yrs)28.028.030.0
Secondary amount$0$25,822$0
Funding fee$0$0$0
Note rate6.350%6.350%7.400%
Blended rate6.900%7.420%7.640%
1st payment$1,406.71$1,406.71$1,620.17
2nd payment$0.00$255.53$0.00
Taxes / mo$148.25$148.25$148.25
Insurance / mo$150.00$150.00$150.00
MI / mo$103.62$103.62$46.80
HOA / mo$240.00$240.00$240.00
Total monthly$2,048.57$2,304.11$2,205.22
Cash to close$38,822$13,000$26,000