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$325,780$325,780$413,100
Remaining term (yrs)26.726.730.0
Secondary amount$0$87,320$0
Funding fee$0$0$0
Note rate6.430%6.430%7.320%
Blended rate6.980%7.407%7.560%
1st payment$2,126.04$2,126.04$2,837.71
2nd payment$0.00$654.90$0.00
Taxes / mo$177.50$177.50$177.50
Insurance / mo$166.67$166.67$166.67
MI / mo$155.30$155.30$82.62
HOA / mo$0.00$0.00$0.00
Total monthly$2,625.50$3,280.40$3,264.49
Cash to close$133,220$45,900$45,900