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$322,893$322,893$341,100
Remaining term (yrs)29.129.130.0
Secondary amount$0$37,157$0
Funding fee$0$0$0
Note rate6.500%6.500%7.400%
Blended rate7.050%7.548%7.640%
1st payment$2,058.01$2,058.01$2,361.71
2nd payment$0.00$367.70$0.00
Taxes / mo$175.83$175.83$175.83
Insurance / mo$150.00$150.00$150.00
MI / mo$149.23$149.23$68.22
HOA / mo$7.50$7.50$7.50
Total monthly$2,540.58$2,908.28$2,763.26
Cash to close$56,107$18,950$37,900