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$235,431$235,431$499,500
Remaining term (yrs)26.526.530.0
Secondary amount$0$264,069$0
Funding fee$0$0$0
Note rate6.600%6.600%7.400%
Blended rate7.150%7.467%7.640%
1st payment$1,565.51$1,565.51$3,458.44
2nd payment$0.00$1,705.44$0.00
Taxes / mo$140.42$140.42$140.42
Insurance / mo$166.67$166.67$166.67
MI / mo$112.35$112.35$99.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,984.94$3,690.39$3,865.42
Cash to close$319,569$55,500$55,500