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$320,986$320,986$351,000
Remaining term (yrs)26.726.730.0
Secondary amount$0$30,014$0
Funding fee$0$0$0
Note rate6.430%6.430%7.320%
Blended rate6.980%7.153%7.560%
1st payment$2,094.76$2,094.76$2,411.13
2nd payment$0.00$225.11$0.00
Taxes / mo$250.03$250.03$250.03
Insurance / mo$150.00$150.00$150.00
MI / mo$153.01$153.01$70.20
HOA / mo$16.67$16.67$16.67
Total monthly$2,664.46$2,889.57$2,898.02
Cash to close$69,014$39,000$39,000