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$318,331$318,331$375,300
Remaining term (yrs)27.827.830.0
Secondary amount$0$56,969$0
Funding fee$0$0$0
Note rate6.920%6.920%7.320%
Blended rate7.470%7.702%7.560%
1st payment$2,148.76$2,148.76$2,578.05
2nd payment$0.00$427.27$0.00
Taxes / mo$296.28$296.28$296.28
Insurance / mo$150.00$150.00$150.00
MI / mo$149.23$149.23$75.06
HOA / mo$142.00$142.00$142.00
Total monthly$2,886.27$3,313.54$3,241.39
Cash to close$98,669$41,700$41,700