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$10,424$10,424$188,100
Remaining term (yrs)14.414.430.0
Secondary amount$0$177,676$0
Funding fee$0$0$0
Note rate6.160%6.160%7.400%
Blended rate6.710%7.929%7.640%
1st payment$90.73$90.73$1,302.37
2nd payment$0.00$1,184.51$0.00
Taxes / mo$117.17$117.17$117.17
Insurance / mo$150.00$150.00$150.00
MI / mo$5.07$5.07$37.62
HOA / mo$0.00$0.00$0.00
Total monthly$362.97$1,547.48$1,607.15
Cash to close$198,576$20,900$20,900