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$30,998$30,998$292,500
Remaining term (yrs)3.93.930.0
Secondary amount$0$261,502$0
Funding fee$0$0$0
Note rate6.230%6.230%7.400%
Blended rate7.080%7.679%7.640%
1st payment$731.27$731.27$2,025.21
2nd payment$0.00$1,688.86$0.00
Taxes / mo$171.83$171.83$171.83
Insurance / mo$150.00$150.00$150.00
MI / mo$84.31$84.31$58.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,137.41$2,826.28$2,405.54
Cash to close$294,002$32,500$32,500