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$6,039$6,039$359,910
Remaining term (yrs)24.324.330.0
Secondary amount$0$353,871$0
Funding fee$0$0$0
Note rate6.330%6.330%7.320%
Blended rate6.880%7.735%7.560%
1st payment$40.47$40.47$2,472.33
2nd payment$0.00$2,285.42$0.00
Taxes / mo$310.75$310.75$310.75
Insurance / mo$150.00$150.00$150.00
MI / mo$2.92$2.92$71.98
HOA / mo$7.00$7.00$7.00
Total monthly$511.14$2,796.56$3,012.06
Cash to close$393,861$39,990$39,990