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$346,860$346,860$895,500
Remaining term (yrs)26.026.030.0
Secondary amount$0$548,640$0
Funding fee$0$0$0
Note rate6.110%6.110%7.400%
Blended rate6.960%7.444%7.640%
1st payment$2,215.83$2,215.83$6,200.26
2nd payment$0.00$3,543.30$0.00
Taxes / mo$418.82$418.82$418.82
Insurance / mo$216.67$216.67$216.67
MI / mo$258.73$258.73$179.10
HOA / mo$0.00$0.00$0.00
Total monthly$3,110.04$6,653.34$7,014.85
Cash to close$648,140$99,500$99,500