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$7,724$7,724$350,100
Remaining term (yrs)25.425.430.0
Secondary amount$0$342,376$0
Funding fee$0$0$0
Note rate2.360%2.360%7.400%
Blended rate3.210%7.650%7.640%
1st payment$33.62$33.62$2,424.02
2nd payment$0.00$2,211.18$0.00
Taxes / mo$163.52$163.52$163.52
Insurance / mo$150.00$150.00$150.00
MI / mo$6.14$6.14$70.02
HOA / mo$0.00$0.00$0.00
Total monthly$353.28$2,564.46$2,807.56
Cash to close$381,276$38,900$38,900