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$381,877$381,877$395,100
Remaining term (yrs)26.626.630.0
Secondary amount$0$35,173$0
Funding fee$0$0$0
Note rate6.420%6.420%7.400%
Blended rate6.970%7.384%7.640%
1st payment$2,492.62$2,492.62$2,735.59
2nd payment$0.00$348.07$0.00
Taxes / mo$365.83$365.83$365.83
Insurance / mo$150.00$150.00$150.00
MI / mo$182.26$182.26$79.02
HOA / mo$0.00$0.00$0.00
Total monthly$3,190.72$3,538.79$3,330.45
Cash to close$57,123$21,950$43,900