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$311,346$311,346$332,910
Remaining term (yrs)28.328.330.0
Secondary amount$0$40,059$0
Funding fee$0$0$0
Note rate6.850%6.850%7.400%
Blended rate7.400%7.910%7.640%
1st payment$2,075.18$2,075.18$2,305.00
2nd payment$0.00$396.41$0.00
Taxes / mo$234.00$234.00$234.00
Insurance / mo$150.00$150.00$150.00
MI / mo$145.15$145.15$66.58
HOA / mo$0.00$0.00$0.00
Total monthly$2,604.33$3,000.75$2,755.58
Cash to close$58,554$18,495$36,990