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$10,874$10,874$301,500
Remaining term (yrs)24.624.630.0
Secondary amount$0$290,626$0
Funding fee$0$0$0
Note rate6.470%6.470%7.320%
Blended rate7.020%7.724%7.560%
1st payment$73.51$73.51$2,071.10
2nd payment$0.00$1,876.96$0.00
Taxes / mo$307.67$307.67$307.67
Insurance / mo$150.00$150.00$150.00
MI / mo$5.00$5.00$60.30
HOA / mo$14.00$14.00$14.00
Total monthly$550.19$2,427.15$2,603.06
Cash to close$324,126$33,500$33,500