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$12,415$12,415$359,910
Remaining term (yrs)39.339.330.0
Secondary amount$0$347,495$0
Funding fee$0$0$0
Note rate6.060%6.060%7.320%
Blended rate6.610%7.711%7.560%
1st payment$69.03$69.03$2,472.33
2nd payment$0.00$2,244.24$0.00
Taxes / mo$333.25$333.25$333.25
Insurance / mo$150.00$150.00$150.00
MI / mo$5.71$5.71$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$557.99$2,802.23$3,027.56
Cash to close$387,485$39,990$39,990