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$356,998$356,998$391,499
Remaining term (yrs)25.925.930.0
Secondary amount$0$34,502$0
Funding fee$0$0$0
Note rate5.810%5.810%7.400%
Blended rate6.660%6.866%7.640%
1st payment$2,220.49$2,220.49$2,710.66
2nd payment$0.00$258.76$0.00
Taxes / mo$362.50$362.50$362.50
Insurance / mo$150.00$150.00$150.00
MI / mo$267.77$267.77$78.30
HOA / mo$0.00$0.00$0.00
Total monthly$3,000.75$3,259.52$3,301.46
Cash to close$78,001$43,500$43,500