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$37,732$37,732$252,000
Remaining term (yrs)37.937.930.0
Secondary amount$0$214,268$0
Funding fee$0$0$0
Note rate6.870%6.870%7.400%
Blended rate7.420%7.701%7.640%
1st payment$233.29$233.29$1,744.80
2nd payment$0.00$1,383.82$0.00
Taxes / mo$233.33$233.33$233.33
Insurance / mo$150.00$150.00$150.00
MI / mo$17.47$17.47$50.40
HOA / mo$0.00$0.00$0.00
Total monthly$634.09$2,017.91$2,178.53
Cash to close$242,268$28,000$28,000