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$174,500$174,500$648,000
Remaining term (yrs)12.212.230.0
Secondary amount$0$473,500$0
Funding fee$0$0$0
Note rate6.470%6.470%7.400%
Blended rate7.320%7.634%7.640%
1st payment$1,714.40$1,714.40$4,486.62
2nd payment$0.00$3,058.02$0.00
Taxes / mo$600.00$600.00$600.00
Insurance / mo$216.67$216.67$216.67
MI / mo$192.73$192.73$129.60
HOA / mo$0.00$0.00$0.00
Total monthly$2,723.79$5,781.81$5,432.89
Cash to close$545,500$72,000$72,000