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$386,912$386,912$400,500
Remaining term (yrs)26.326.330.0
Secondary amount$0$35,838$0
Funding fee$0$0$0
Note rate6.360%6.360%7.400%
Blended rate7.210%7.605%7.640%
1st payment$2,522.88$2,522.88$2,772.98
2nd payment$0.00$354.65$0.00
Taxes / mo$46.33$46.33$46.33
Insurance / mo$150.00$150.00$150.00
MI / mo$286.89$286.89$80.10
HOA / mo$0.00$0.00$0.00
Total monthly$3,006.10$3,360.75$3,049.41
Cash to close$58,088$22,250$44,500