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$6,428$6,428$260,910
Remaining term (yrs)26.926.930.0
Secondary amount$0$254,482$0
Funding fee$0$0$0
Note rate6.950%6.950%7.400%
Blended rate7.500%7.744%7.640%
1st payment$43.96$43.96$1,806.49
2nd payment$0.00$1,643.53$0.00
Taxes / mo$117.33$117.33$117.33
Insurance / mo$150.00$150.00$150.00
MI / mo$2.98$2.98$52.18
HOA / mo$0.00$0.00$0.00
Total monthly$314.27$1,957.80$2,126.00
Cash to close$283,472$28,990$28,990