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$384,268$384,268$427,500
Remaining term (yrs)27.927.930.0
Secondary amount$0$43,232$0
Funding fee$0$0$0
Note rate6.860%6.860%7.400%
Blended rate7.410%7.571%7.640%
1st payment$2,576.19$2,576.19$2,959.92
2nd payment$0.00$324.24$0.00
Taxes / mo$395.83$395.83$395.83
Insurance / mo$166.67$166.67$166.67
MI / mo$180.01$180.01$85.50
HOA / mo$0.00$0.00$0.00
Total monthly$3,318.70$3,642.94$3,607.92
Cash to close$90,732$47,500$47,500