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$308,143$308,143$629,100
Remaining term (yrs)27.427.430.0
Secondary amount$0$320,957$0
Funding fee$0$0$0
Note rate6.780%6.780%7.400%
Blended rate7.330%7.544%7.640%
1st payment$2,060.16$2,060.16$4,355.76
2nd payment$0.00$2,072.85$0.00
Taxes / mo$309.83$309.83$309.83
Insurance / mo$166.67$166.67$166.67
MI / mo$145.13$145.13$125.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,681.79$4,754.64$4,958.08
Cash to close$390,857$69,900$69,900