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$353,341$353,341$359,910
Remaining term (yrs)27.927.930.0
Secondary amount$0$26,564$0
Funding fee$0$0$0
Note rate6.490%6.490%7.320%
Blended rate7.040%7.378%7.560%
1st payment$2,281.50$2,281.50$2,472.33
2nd payment$0.00$262.87$0.00
Taxes / mo$153.91$153.91$153.91
Insurance / mo$150.00$150.00$150.00
MI / mo$165.61$165.61$71.98
HOA / mo$20.00$20.00$20.00
Total monthly$2,771.02$3,033.89$2,868.22
Cash to close$46,559$19,995$39,990