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$366,088$366,088$377,910
Remaining term (yrs)27.427.430.0
Secondary amount$0$32,817$0
Funding fee$0$0$0
Note rate6.640%6.640%7.400%
Blended rate7.190%7.575%7.640%
1st payment$2,414.35$2,414.35$2,616.57
2nd payment$0.00$324.75$0.00
Taxes / mo$214.00$214.00$214.00
Insurance / mo$150.00$150.00$150.00
MI / mo$172.55$172.55$75.58
HOA / mo$0.00$0.00$0.00
Total monthly$2,950.90$3,275.65$3,056.15
Cash to close$53,812$20,995$41,990