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$980$980$337,500
Remaining term (yrs)0.00.030.0
Secondary amount$0$336,520$0
Funding fee$0$0$0
Note rate8.000%8.000%7.400%
Blended rate8.850%7.753%7.640%
1st payment$494.80$494.80$2,336.78
2nd payment$0.00$2,173.36$0.00
Taxes / mo$158.58$158.58$158.58
Insurance / mo$150.00$150.00$150.00
MI / mo$47.77$47.77$67.50
HOA / mo$150.00$150.00$150.00
Total monthly$1,001.15$3,174.51$2,862.87
Cash to close$374,020$37,500$37,500