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$13,151$13,151$234,000
Remaining term (yrs)26.726.730.0
Secondary amount$0$220,849$0
Funding fee$0$0$0
Note rate6.810%6.810%7.320%
Blended rate7.360%7.728%7.560%
1st payment$89.02$89.02$1,607.42
2nd payment$0.00$1,426.32$0.00
Taxes / mo$468.18$468.18$468.18
Insurance / mo$150.00$150.00$150.00
MI / mo$6.12$6.12$46.80
HOA / mo$216.00$216.00$216.00
Total monthly$929.32$2,355.64$2,488.40
Cash to close$246,849$26,000$26,000