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$321,694$321,694$782,100
Remaining term (yrs)27.027.030.0
Secondary amount$0$460,406$0
Funding fee$0$0$0
Note rate7.620%7.620%7.320%
Blended rate8.170%7.923%7.560%
1st payment$2,339.93$2,339.93$5,372.48
2nd payment$0.00$2,973.45$0.00
Taxes / mo$724.17$724.17$724.17
Insurance / mo$216.67$216.67$216.67
MI / mo$151.60$151.60$156.42
HOA / mo$0.00$0.00$0.00
Total monthly$3,432.36$6,405.82$6,469.74
Cash to close$547,306$86,900$86,900