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$383,180$383,180$391,410
Remaining term (yrs)27.927.930.0
Secondary amount$0$29,975$0
Funding fee$0$0$0
Note rate6.780%6.780%7.320%
Blended rate7.330%7.660%7.560%
1st payment$2,548.85$2,548.85$2,688.72
2nd payment$0.00$296.63$0.00
Taxes / mo$449.00$449.00$449.00
Insurance / mo$150.00$150.00$150.00
MI / mo$179.56$179.56$78.28
HOA / mo$50.00$50.00$50.00
Total monthly$3,377.41$3,674.04$3,416.00
Cash to close$51,720$21,745$43,490