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$17,053$17,053$314,910
Remaining term (yrs)22.922.930.0
Secondary amount$0$297,857$0
Funding fee$0$0$0
Note rate6.890%6.890%7.400%
Blended rate7.440%7.733%7.640%
1st payment$123.31$123.31$2,180.37
2nd payment$0.00$1,923.66$0.00
Taxes / mo$332.17$332.17$332.17
Insurance / mo$150.00$150.00$150.00
MI / mo$8.08$8.08$62.98
HOA / mo$0.00$0.00$0.00
Total monthly$613.55$2,537.21$2,725.52
Cash to close$332,847$34,990$34,990