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$384,570$384,570$395,100
Remaining term (yrs)27.527.530.0
Secondary amount$0$32,480$0
Funding fee$0$0$0
Note rate6.780%6.780%7.320%
Blended rate7.330%7.684%7.560%
1st payment$2,568.48$2,568.48$2,714.06
2nd payment$0.00$321.42$0.00
Taxes / mo$296.75$296.75$296.75
Insurance / mo$150.00$150.00$150.00
MI / mo$180.95$180.95$79.02
HOA / mo$0.00$0.00$0.00
Total monthly$3,196.17$3,517.59$3,239.83
Cash to close$54,430$21,950$43,900