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$84,755$84,755$292,500
Remaining term (yrs)10.410.430.0
Secondary amount$0$207,745$0
Funding fee$0$0$0
Note rate6.000%6.000%7.400%
Blended rate6.850%7.489%7.640%
1st payment$903.14$903.14$2,025.21
2nd payment$0.00$1,341.69$0.00
Taxes / mo$137.58$137.58$137.58
Insurance / mo$150.00$150.00$150.00
MI / mo$106.70$106.70$58.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,297.42$2,639.11$2,371.29
Cash to close$240,245$32,500$32,500