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$8,188$8,188$513,000
Remaining term (yrs)19.919.930.0
Secondary amount$0$504,812$0
Funding fee$0$0$0
Note rate6.780%6.780%7.400%
Blended rate7.330%7.743%7.640%
1st payment$62.40$62.40$3,551.91
2nd payment$0.00$3,260.25$0.00
Taxes / mo$475.00$475.00$475.00
Insurance / mo$166.67$166.67$166.67
MI / mo$3.99$3.99$102.60
HOA / mo$0.00$0.00$0.00
Total monthly$708.06$3,968.31$4,296.18
Cash to close$561,812$57,000$57,000