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$7,456$7,456$255,600
Remaining term (yrs)21.321.330.0
Secondary amount$0$248,144$0
Funding fee$0$0$0
Note rate6.670%6.670%7.400%
Blended rate7.220%7.735%7.640%
1st payment$54.57$54.57$1,769.72
2nd payment$0.00$1,602.60$0.00
Taxes / mo$236.67$236.67$236.67
Insurance / mo$150.00$150.00$150.00
MI / mo$3.59$3.59$51.12
HOA / mo$235.00$235.00$235.00
Total monthly$679.83$2,282.43$2,442.51
Cash to close$276,544$28,400$28,400