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$300,011$300,011$319,500
Remaining term (yrs)26.726.730.0
Secondary amount$0$37,239$0
Funding fee$0$0$0
Note rate6.790%6.790%7.400%
Blended rate7.340%7.841%7.640%
1st payment$2,027.03$2,027.03$2,212.15
2nd payment$0.00$368.51$0.00
Taxes / mo$432.92$432.92$432.92
Insurance / mo$150.00$150.00$150.00
MI / mo$142.66$142.66$63.90
HOA / mo$116.67$116.67$116.67
Total monthly$2,869.27$3,237.78$2,975.64
Cash to close$54,989$17,750$35,500