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$326,102$326,102$404,100
Remaining term (yrs)26.726.730.0
Secondary amount$0$77,998$0
Funding fee$0$0$0
Note rate6.570%6.570%7.320%
Blended rate7.120%7.483%7.560%
1st payment$2,157.24$2,157.24$2,775.89
2nd payment$0.00$584.99$0.00
Taxes / mo$177.42$177.42$177.42
Insurance / mo$150.00$150.00$150.00
MI / mo$155.30$155.30$80.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,639.95$3,224.94$3,184.12
Cash to close$122,898$44,900$44,900