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$11,824$11,824$364,500
Remaining term (yrs)28.928.930.0
Secondary amount$0$352,676$0
Funding fee$0$0$0
Note rate6.770%6.770%7.400%
Blended rate7.320%7.736%7.640%
1st payment$77.60$77.60$2,523.72
2nd payment$0.00$2,277.70$0.00
Taxes / mo$92.63$92.63$92.63
Insurance / mo$150.00$150.00$150.00
MI / mo$5.47$5.47$72.90
HOA / mo$33.33$33.33$33.33
Total monthly$359.03$2,636.73$2,872.58
Cash to close$393,176$40,500$40,500