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$340,559$340,559$359,910
Remaining term (yrs)27.527.530.0
Secondary amount$0$39,346$0
Funding fee$0$0$0
Note rate6.820%6.820%7.400%
Blended rate7.370%7.837%7.640%
1st payment$2,283.40$2,283.40$2,491.94
2nd payment$0.00$389.36$0.00
Taxes / mo$381.79$381.79$381.79
Insurance / mo$150.00$150.00$150.00
MI / mo$160.21$160.21$71.98
HOA / mo$56.00$56.00$56.00
Total monthly$3,031.40$3,420.76$3,151.71
Cash to close$59,341$19,995$39,990