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$348,115$348,115$399,600
Remaining term (yrs)29.629.630.0
Secondary amount$0$51,485$0
Funding fee$0$0$0
Note rate6.300%6.300%7.400%
Blended rate6.850%7.127%7.640%
1st payment$2,160.86$2,160.86$2,766.75
2nd payment$0.00$386.14$0.00
Taxes / mo$202.08$202.08$202.08
Insurance / mo$150.00$150.00$150.00
MI / mo$160.01$160.01$79.92
HOA / mo$0.00$0.00$0.00
Total monthly$2,672.95$3,059.09$3,198.75
Cash to close$95,885$44,400$44,400