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$75,441$75,441$328,500
Remaining term (yrs)10.810.830.0
Secondary amount$0$253,059$0
Funding fee$0$0$0
Note rate6.730%6.730%7.400%
Blended rate7.580%7.711%7.640%
1st payment$814.65$814.65$2,274.47
2nd payment$0.00$1,634.34$0.00
Taxes / mo$149.92$149.92$149.92
Insurance / mo$150.00$150.00$150.00
MI / mo$89.15$89.15$65.70
HOA / mo$300.00$300.00$300.00
Total monthly$1,503.72$3,138.06$2,940.08
Cash to close$289,559$36,500$36,500