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$238,187$238,187$252,000
Remaining term (yrs)27.027.030.0
Secondary amount$0$27,813$0
Funding fee$0$0$0
Note rate7.190%7.190%7.320%
Blended rate7.740%8.172%7.560%
1st payment$1,664.57$1,664.57$1,731.07
2nd payment$0.00$275.23$0.00
Taxes / mo$139.50$139.50$139.50
Insurance / mo$150.00$150.00$150.00
MI / mo$112.51$112.51$50.40
HOA / mo$270.00$270.00$270.00
Total monthly$2,336.57$2,611.80$2,340.97
Cash to close$41,813$14,000$28,000