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$4,630$4,630$171,000
Remaining term (yrs)37.437.430.0
Secondary amount$0$166,370$0
Funding fee$0$0$0
Note rate6.660%6.660%7.400%
Blended rate7.210%7.979%7.640%
1st payment$28.01$28.01$1,183.97
2nd payment$0.00$1,109.13$0.00
Taxes / mo$197.33$197.33$197.33
Insurance / mo$150.00$150.00$150.00
MI / mo$2.15$2.15$34.20
HOA / mo$0.00$0.00$0.00
Total monthly$377.49$1,486.62$1,565.50
Cash to close$185,370$19,000$19,000