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$333,680$333,680$346,500
Remaining term (yrs)28.428.430.0
Secondary amount$0$32,070$0
Funding fee$0$0$0
Note rate6.870%6.870%7.400%
Blended rate7.420%7.811%7.640%
1st payment$2,224.22$2,224.22$2,399.10
2nd payment$0.00$317.36$0.00
Taxes / mo$132.83$132.83$132.83
Insurance / mo$150.00$150.00$150.00
MI / mo$155.26$155.26$69.30
HOA / mo$30.00$30.00$30.00
Total monthly$2,692.32$3,009.68$2,781.23
Cash to close$51,320$19,250$38,500