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$322,779$322,779$427,500
Remaining term (yrs)26.926.930.0
Secondary amount$0$104,721$0
Funding fee$0$0$0
Note rate6.810%6.810%7.400%
Blended rate7.360%7.517%7.640%
1st payment$2,177.96$2,177.96$2,959.92
2nd payment$0.00$698.14$0.00
Taxes / mo$312.40$312.40$312.40
Insurance / mo$166.67$166.67$166.67
MI / mo$152.96$152.96$85.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,809.99$3,508.13$3,524.49
Cash to close$152,221$47,500$47,500