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$59,040$59,040$292,410
Remaining term (yrs)8.88.830.0
Secondary amount$0$233,370$0
Funding fee$0$0$0
Note rate6.000%6.000%7.320%
Blended rate6.850%7.568%7.560%
1st payment$713.82$713.82$2,008.65
2nd payment$0.00$1,507.18$0.00
Taxes / mo$139.96$139.96$139.96
Insurance / mo$150.00$150.00$150.00
MI / mo$84.33$84.33$58.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,088.11$2,595.29$2,357.09
Cash to close$265,860$32,490$32,490