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$374,940$374,940$585,000
Remaining term (yrs)26.426.430.0
Secondary amount$0$210,060$0
Funding fee$0$0$0
Note rate6.130%6.130%7.400%
Blended rate6.680%7.064%7.640%
1st payment$2,387.69$2,387.69$4,050.42
2nd payment$0.00$1,356.64$0.00
Taxes / mo$406.08$406.08$406.08
Insurance / mo$166.67$166.67$166.67
MI / mo$180.01$180.01$117.00
HOA / mo$31.25$31.25$31.25
Total monthly$3,171.70$4,528.34$4,771.42
Cash to close$275,060$65,000$65,000