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$12,357$12,357$202,500
Remaining term (yrs)25.925.930.0
Secondary amount$0$190,143$0
Funding fee$0$0$0
Note rate6.670%6.670%7.320%
Blended rate7.220%7.952%7.560%
1st payment$83.50$83.50$1,391.03
2nd payment$0.00$1,267.62$0.00
Taxes / mo$291.64$291.64$291.64
Insurance / mo$150.00$150.00$150.00
MI / mo$5.88$5.88$40.50
HOA / mo$0.00$0.00$0.00
Total monthly$531.02$1,798.64$1,873.17
Cash to close$212,643$22,500$22,500