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$23,067$23,067$197,100
Remaining term (yrs)6.96.930.0
Secondary amount$0$174,033$0
Funding fee$0$0$0
Note rate6.240%6.240%7.320%
Blended rate7.090%7.894%7.560%
1st payment$336.45$336.45$1,353.94
2nd payment$0.00$1,160.22$0.00
Taxes / mo$80.25$80.25$80.25
Insurance / mo$150.00$150.00$150.00
MI / mo$38.75$38.75$39.42
HOA / mo$0.00$0.00$0.00
Total monthly$605.44$1,765.66$1,623.61
Cash to close$195,933$21,900$21,900