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$9,372$9,372$378,000
Remaining term (yrs)25.325.330.0
Secondary amount$0$368,628$0
Funding fee$0$0$0
Note rate6.600%6.600%7.400%
Blended rate7.150%7.735%7.640%
1st payment$63.45$63.45$2,617.20
2nd payment$0.00$2,380.72$0.00
Taxes / mo$200.75$200.75$200.75
Insurance / mo$150.00$150.00$150.00
MI / mo$4.39$4.39$75.60
HOA / mo$20.83$20.83$20.83
Total monthly$439.43$2,820.15$3,064.38
Cash to close$410,628$42,000$42,000