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$143,299$143,299$270,000
Remaining term (yrs)27.727.730.0
Secondary amount$0$126,701$0
Funding fee$0$0$0
Note rate7.060%7.060%7.320%
Blended rate7.610%7.793%7.560%
1st payment$981.42$981.42$1,854.71
2nd payment$0.00$844.67$0.00
Taxes / mo$7.85$7.85$7.85
Insurance / mo$150.00$150.00$150.00
MI / mo$67.20$67.20$54.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,206.47$2,051.15$2,066.57
Cash to close$156,701$30,000$30,000