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$143,205$143,205$540,000
Remaining term (yrs)37.037.030.0
Secondary amount$0$396,795$0
Funding fee$0$0$0
Note rate7.230%7.230%7.400%
Blended rate7.780%7.758%7.640%
1st payment$926.38$926.38$3,738.85
2nd payment$0.00$2,562.64$0.00
Taxes / mo$500.00$500.00$500.00
Insurance / mo$166.67$166.67$166.67
MI / mo$66.53$66.53$108.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,659.58$4,222.21$4,513.52
Cash to close$456,795$60,000$60,000