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$326,402$326,402$337,500
Remaining term (yrs)26.726.730.0
Secondary amount$0$29,848$0
Funding fee$0$0$0
Note rate6.690%6.690%7.320%
Blended rate7.240%7.628%7.560%
1st payment$2,184.33$2,184.33$2,318.39
2nd payment$0.00$295.37$0.00
Taxes / mo$601.58$601.58$601.58
Insurance / mo$150.00$150.00$150.00
MI / mo$155.31$155.31$67.50
HOA / mo$8.33$8.33$8.33
Total monthly$3,099.55$3,394.92$3,145.80
Cash to close$48,598$18,750$37,500