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$69,567$69,567$350,910
Remaining term (yrs)8.48.430.0
Secondary amount$0$281,343$0
Funding fee$0$0$0
Note rate5.660%5.660%7.320%
Blended rate6.510%7.504%7.560%
1st payment$854.26$854.26$2,410.51
2nd payment$0.00$1,817.01$0.00
Taxes / mo$166.83$166.83$166.83
Insurance / mo$150.00$150.00$150.00
MI / mo$104.71$104.71$70.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,275.81$3,092.82$2,797.52
Cash to close$320,333$38,990$38,990