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$319,100$319,100$378,000
Remaining term (yrs)26.226.230.0
Secondary amount$0$58,900$0
Funding fee$0$0$0
Note rate6.580%6.580%7.320%
Blended rate7.430%7.675%7.560%
1st payment$2,127.70$2,127.70$2,596.60
2nd payment$0.00$441.75$0.00
Taxes / mo$159.17$159.17$159.17
Insurance / mo$150.00$150.00$150.00
MI / mo$236.47$236.47$75.60
HOA / mo$20.00$20.00$20.00
Total monthly$2,693.33$3,135.08$3,001.36
Cash to close$100,900$42,000$42,000