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$394,265$394,265$448,200
Remaining term (yrs)29.329.330.0
Secondary amount$0$53,935$0
Funding fee$0$0$0
Note rate5.980%5.980%7.400%
Blended rate6.530%6.827%7.640%
1st payment$2,375.62$2,375.62$3,103.25
2nd payment$0.00$404.51$0.00
Taxes / mo$377.17$377.17$377.17
Insurance / mo$166.67$166.67$166.67
MI / mo$182.00$182.00$89.64
HOA / mo$130.00$130.00$130.00
Total monthly$3,231.45$3,635.96$3,866.72
Cash to close$103,735$49,800$49,800