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$86,463$86,463$351,000
Remaining term (yrs)17.017.030.0
Secondary amount$0$264,537$0
Funding fee$0$0$0
Note rate4.570%4.570%7.400%
Blended rate5.420%7.176%7.640%
1st payment$606.43$606.43$2,430.25
2nd payment$0.00$1,708.47$0.00
Taxes / mo$139.42$139.42$139.42
Insurance / mo$150.00$150.00$150.00
MI / mo$84.09$84.09$70.20
HOA / mo$0.00$0.00$0.00
Total monthly$979.93$2,688.40$2,789.87
Cash to close$303,537$39,000$39,000