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$299,847$299,847$436,410
Remaining term (yrs)29.429.430.0
Secondary amount$0$136,563$0
Funding fee$0$0$0
Note rate6.100%6.100%7.400%
Blended rate6.650%7.072%7.640%
1st payment$1,827.90$1,827.90$3,021.61
2nd payment$0.00$910.42$0.00
Taxes / mo$187.75$187.75$187.75
Insurance / mo$166.67$166.67$166.67
MI / mo$138.25$138.25$87.28
HOA / mo$72.00$72.00$72.00
Total monthly$2,392.57$3,302.99$3,535.31
Cash to close$185,053$48,490$48,490