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$71,988$71,988$279,000
Remaining term (yrs)37.337.330.0
Secondary amount$0$207,012$0
Funding fee$0$0$0
Note rate7.030%7.030%7.320%
Blended rate7.580%7.706%7.560%
1st payment$454.74$454.74$1,916.54
2nd payment$0.00$1,336.96$0.00
Taxes / mo$348.75$348.75$348.75
Insurance / mo$150.00$150.00$150.00
MI / mo$33.42$33.42$55.80
HOA / mo$91.67$91.67$91.67
Total monthly$1,078.59$2,415.54$2,562.76
Cash to close$238,012$31,000$31,000