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$375,040$375,040$414,000
Remaining term (yrs)26.626.630.0
Secondary amount$0$38,960$0
Funding fee$0$0$0
Note rate6.430%6.430%7.400%
Blended rate6.980%7.170%7.640%
1st payment$2,450.38$2,450.38$2,866.45
2nd payment$0.00$292.20$0.00
Taxes / mo$444.86$444.86$444.86
Insurance / mo$166.67$166.67$166.67
MI / mo$178.99$178.99$82.80
HOA / mo$0.00$0.00$0.00
Total monthly$3,240.89$3,533.09$3,560.78
Cash to close$84,960$46,000$46,000