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$121,123$121,123$292,500
Remaining term (yrs)27.827.830.0
Secondary amount$0$171,377$0
Funding fee$0$0$0
Note rate7.440%7.440%7.400%
Blended rate7.990%7.996%7.640%
1st payment$859.34$859.34$2,025.21
2nd payment$0.00$1,142.51$0.00
Taxes / mo$95.33$95.33$95.33
Insurance / mo$150.00$150.00$150.00
MI / mo$56.66$56.66$58.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,161.33$2,303.84$2,329.04
Cash to close$203,877$32,500$32,500