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$14,621$14,621$238,500
Remaining term (yrs)26.326.330.0
Secondary amount$0$223,879$0
Funding fee$0$0$0
Note rate6.600%6.600%7.320%
Blended rate7.150%7.713%7.560%
1st payment$97.56$97.56$1,638.33
2nd payment$0.00$1,445.88$0.00
Taxes / mo$332.25$332.25$332.25
Insurance / mo$150.00$150.00$150.00
MI / mo$6.84$6.84$47.70
HOA / mo$0.00$0.00$0.00
Total monthly$586.66$2,032.54$2,168.28
Cash to close$250,379$26,500$26,500