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$7,746$7,746$247,500
Remaining term (yrs)26.326.330.0
Secondary amount$0$239,754$0
Funding fee$0$0$0
Note rate6.910%6.910%7.320%
Blended rate7.460%7.741%7.560%
1st payment$53.23$53.23$1,700.15
2nd payment$0.00$1,548.41$0.00
Taxes / mo$177.17$177.17$177.17
Insurance / mo$150.00$150.00$150.00
MI / mo$3.62$3.62$49.50
HOA / mo$0.00$0.00$0.00
Total monthly$384.02$1,932.43$2,076.82
Cash to close$267,254$27,500$27,500