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$15,009$15,009$328,500
Remaining term (yrs)22.722.730.0
Secondary amount$0$313,491$0
Funding fee$0$0$0
Note rate6.760%6.760%7.320%
Blended rate7.310%7.730%7.560%
1st payment$107.65$107.65$2,256.57
2nd payment$0.00$2,024.63$0.00
Taxes / mo$184.67$184.67$184.67
Insurance / mo$150.00$150.00$150.00
MI / mo$7.02$7.02$65.70
HOA / mo$15.00$15.00$15.00
Total monthly$464.33$2,488.96$2,671.93
Cash to close$349,991$36,500$36,500