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$320,005$320,005$405,000
Remaining term (yrs)26.126.130.0
Secondary amount$0$84,995$0
Funding fee$0$0$0
Note rate7.080%7.080%7.320%
Blended rate7.930%8.155%7.560%
1st payment$2,239.02$2,239.02$2,782.07
2nd payment$0.00$637.46$0.00
Taxes / mo$435.17$435.17$435.17
Insurance / mo$150.00$150.00$150.00
MI / mo$236.47$236.47$81.00
HOA / mo$56.67$56.67$56.67
Total monthly$3,117.33$3,754.79$3,504.91
Cash to close$129,995$45,000$45,000