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$311,035$311,035$346,500
Remaining term (yrs)27.327.330.0
Secondary amount$0$35,465$0
Funding fee$0$0$0
Note rate6.660%6.660%7.400%
Blended rate7.210%7.393%7.640%
1st payment$2,059.66$2,059.66$2,399.10
2nd payment$0.00$265.98$0.00
Taxes / mo$529.25$529.25$529.25
Insurance / mo$150.00$150.00$150.00
MI / mo$146.90$146.90$69.30
HOA / mo$15.00$15.00$15.00
Total monthly$2,900.81$3,166.80$3,162.65
Cash to close$73,965$38,500$38,500