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$288,382$288,382$324,000
Remaining term (yrs)26.126.130.0
Secondary amount$0$35,618$0
Funding fee$0$0$0
Note rate6.940%6.940%7.320%
Blended rate7.790%7.923%7.560%
1st payment$1,991.64$1,991.64$2,225.66
2nd payment$0.00$267.13$0.00
Taxes / mo$175.50$175.50$175.50
Insurance / mo$150.00$150.00$150.00
MI / mo$213.34$213.34$64.80
HOA / mo$0.00$0.00$0.00
Total monthly$2,530.48$2,797.61$2,615.96
Cash to close$71,618$36,000$36,000