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$396,875$396,875$471,600
Remaining term (yrs)29.329.330.0
Secondary amount$0$74,725$0
Funding fee$0$0$0
Note rate6.150%6.150%7.320%
Blended rate6.700%7.064%7.560%
1st payment$2,434.62$2,434.62$3,239.56
2nd payment$0.00$560.44$0.00
Taxes / mo$196.67$196.67$196.67
Insurance / mo$166.67$166.67$166.67
MI / mo$183.16$183.16$94.32
HOA / mo$231.00$231.00$231.00
Total monthly$3,212.11$3,772.55$3,928.22
Cash to close$127,125$52,400$52,400