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$140,089$140,089$702,000
Remaining term (yrs)28.328.330.0
Secondary amount$0$561,911$0
Funding fee$0$0$0
Note rate6.950%6.950%7.400%
Blended rate7.500%7.700%7.640%
1st payment$942.94$942.94$4,860.51
2nd payment$0.00$3,629.01$0.00
Taxes / mo$195.42$195.42$195.42
Insurance / mo$216.67$216.67$216.67
MI / mo$65.29$65.29$140.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,420.32$5,049.33$5,412.99
Cash to close$639,911$78,000$78,000