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$313,074$313,074$323,999
Remaining term (yrs)28.728.730.0
Secondary amount$0$28,925$0
Funding fee$0$0$0
Note rate6.810%6.810%7.400%
Blended rate7.360%7.742%7.640%
1st payment$2,068.67$2,068.67$2,243.30
2nd payment$0.00$286.24$0.00
Taxes / mo$128.50$128.50$128.50
Insurance / mo$150.00$150.00$150.00
MI / mo$145.29$145.29$64.80
HOA / mo$0.00$0.00$0.00
Total monthly$2,492.46$2,778.69$2,586.60
Cash to close$46,925$18,000$36,000