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$16,026$16,026$297,000
Remaining term (yrs)24.524.530.0
Secondary amount$0$280,974$0
Funding fee$0$0$0
Note rate6.600%6.600%7.320%
Blended rate7.150%7.718%7.560%
1st payment$109.80$109.80$2,040.18
2nd payment$0.00$1,814.62$0.00
Taxes / mo$181.33$181.33$181.33
Insurance / mo$150.00$150.00$150.00
MI / mo$7.70$7.70$59.40
HOA / mo$25.00$25.00$25.00
Total monthly$473.83$2,288.45$2,455.92
Cash to close$313,974$33,000$33,000