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$11,556$11,556$236,925
Remaining term (yrs)25.525.530.0
Secondary amount$0$225,369$0
Funding fee$0$0$0
Note rate6.650%6.650%7.400%
Blended rate7.200%7.723%7.640%
1st payment$78.32$78.32$1,640.42
2nd payment$0.00$1,455.51$0.00
Taxes / mo$219.38$219.38$219.38
Insurance / mo$150.00$150.00$150.00
MI / mo$5.40$5.40$47.39
HOA / mo$0.00$0.00$0.00
Total monthly$453.09$1,908.60$2,057.18
Cash to close$251,694$26,325$26,325