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$322,976$322,976$341,910
Remaining term (yrs)25.525.530.0
Secondary amount$0$37,929$0
Funding fee$0$0$0
Note rate4.670%4.670%7.320%
Blended rate5.520%6.188%7.560%
1st payment$1,801.54$1,801.54$2,348.68
2nd payment$0.00$375.34$0.00
Taxes / mo$316.58$316.58$316.58
Insurance / mo$150.00$150.00$150.00
MI / mo$246.90$246.90$68.38
HOA / mo$0.00$0.00$0.00
Total monthly$2,515.02$2,890.36$2,883.65
Cash to close$56,924$18,995$37,990