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$12,346$12,346$404,999
Remaining term (yrs)25.425.430.0
Secondary amount$0$392,653$0
Funding fee$0$0$0
Note rate6.930%6.930%7.320%
Blended rate7.480%7.742%7.560%
1st payment$85.97$85.97$2,782.06
2nd payment$0.00$2,535.88$0.00
Taxes / mo$89.58$89.58$89.58
Insurance / mo$150.00$150.00$150.00
MI / mo$5.77$5.77$81.00
HOA / mo$0.00$0.00$0.00
Total monthly$331.32$2,867.21$3,102.65
Cash to close$437,653$45,000$45,000