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$11,270$11,270$283,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$272,230$0
Funding fee$0$0$0
Note rate6.960%6.960%7.320%
Blended rate7.510%7.740%7.560%
1st payment$79.37$79.37$1,947.45
2nd payment$0.00$1,758.15$0.00
Taxes / mo$387.60$387.60$387.60
Insurance / mo$150.00$150.00$150.00
MI / mo$5.37$5.37$56.70
HOA / mo$50.00$50.00$50.00
Total monthly$672.34$2,430.49$2,591.75
Cash to close$303,730$31,500$31,500