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$329,056$329,056$359,100
Remaining term (yrs)26.026.030.0
Secondary amount$0$30,044$0
Funding fee$0$0$0
Note rate6.290%6.290%7.320%
Blended rate7.140%7.296%7.560%
1st payment$2,139.08$2,139.08$2,466.77
2nd payment$0.00$225.33$0.00
Taxes / mo$444.75$444.75$444.75
Insurance / mo$150.00$150.00$150.00
MI / mo$245.05$245.05$71.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,978.88$3,204.21$3,133.34
Cash to close$69,944$39,900$39,900