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$56,972$56,972$216,000
Remaining term (yrs)12.212.230.0
Secondary amount$0$159,028$0
Funding fee$0$0$0
Note rate6.460%6.460%7.400%
Blended rate7.310%7.818%7.640%
1st payment$559.43$559.43$1,495.54
2nd payment$0.00$1,060.18$0.00
Taxes / mo$196.75$196.75$196.75
Insurance / mo$150.00$150.00$150.00
MI / mo$62.96$62.96$43.20
HOA / mo$0.00$0.00$0.00
Total monthly$969.14$2,029.32$1,885.49
Cash to close$183,028$24,000$24,000