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$8,065$8,065$242,910
Remaining term (yrs)17.917.930.0
Secondary amount$0$234,845$0
Funding fee$0$0$0
Note rate4.150%4.150%7.320%
Blended rate5.000%7.659%7.560%
1st payment$52.90$52.90$1,668.62
2nd payment$0.00$1,516.71$0.00
Taxes / mo$25.09$25.09$25.09
Insurance / mo$150.00$150.00$150.00
MI / mo$7.71$7.71$48.58
HOA / mo$0.00$0.00$0.00
Total monthly$235.70$1,752.41$1,892.29
Cash to close$261,835$26,990$26,990