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$386,493$386,493$395,910
Remaining term (yrs)26.526.530.0
Secondary amount$0$31,412$0
Funding fee$0$0$0
Note rate6.420%6.420%7.400%
Blended rate6.970%7.339%7.640%
1st payment$2,525.73$2,525.73$2,741.20
2nd payment$0.00$310.84$0.00
Taxes / mo$522.33$522.33$522.33
Insurance / mo$150.00$150.00$150.00
MI / mo$184.68$184.68$79.18
HOA / mo$131.00$131.00$131.00
Total monthly$3,513.75$3,824.59$3,623.72
Cash to close$53,407$21,995$43,990