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$8,731$8,731$382,500
Remaining term (yrs)27.827.830.0
Secondary amount$0$373,769$0
Funding fee$0$0$0
Note rate6.860%6.860%7.400%
Blended rate7.410%7.742%7.640%
1st payment$58.59$58.59$2,648.35
2nd payment$0.00$2,413.93$0.00
Taxes / mo$132.17$132.17$132.17
Insurance / mo$150.00$150.00$150.00
MI / mo$4.05$4.05$76.50
HOA / mo$0.00$0.00$0.00
Total monthly$344.81$2,758.73$3,007.02
Cash to close$416,269$42,500$42,500