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$10,754$10,754$202,500
Remaining term (yrs)20.620.630.0
Secondary amount$0$191,746$0
Funding fee$0$0$0
Note rate6.760%6.760%7.400%
Blended rate7.310%7.963%7.640%
1st payment$80.44$80.44$1,402.07
2nd payment$0.00$1,278.31$0.00
Taxes / mo$223.83$223.83$223.83
Insurance / mo$150.00$150.00$150.00
MI / mo$5.06$5.06$40.50
HOA / mo$0.00$0.00$0.00
Total monthly$459.34$1,737.64$1,816.40
Cash to close$214,246$22,500$22,500