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$367,652$367,652$395,910
Remaining term (yrs)26.626.630.0
Secondary amount$0$28,258$0
Funding fee$0$0$0
Note rate6.390%6.390%7.400%
Blended rate6.940%7.087%7.640%
1st payment$2,392.78$2,392.78$2,741.20
2nd payment$0.00$211.93$0.00
Taxes / mo$612.50$612.50$612.50
Insurance / mo$150.00$150.00$150.00
MI / mo$175.51$175.51$79.18
HOA / mo$35.00$35.00$35.00
Total monthly$3,365.79$3,577.73$3,617.88
Cash to close$72,248$43,990$43,990