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$6,152$6,152$332,910
Remaining term (yrs)24.724.730.0
Secondary amount$0$326,758$0
Funding fee$0$0$0
Note rate6.430%6.430%7.320%
Blended rate6.980%7.736%7.560%
1st payment$41.38$41.38$2,286.86
2nd payment$0.00$2,110.31$0.00
Taxes / mo$472.20$472.20$472.20
Insurance / mo$150.00$150.00$150.00
MI / mo$2.95$2.95$66.58
HOA / mo$14.58$14.58$14.58
Total monthly$681.12$2,791.43$2,990.22
Cash to close$363,748$36,990$36,990