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$341,940$341,940$449,100
Remaining term (yrs)28.028.030.0
Secondary amount$0$107,160$0
Funding fee$0$0$0
Note rate6.320%6.320%7.400%
Blended rate6.870%7.140%7.640%
1st payment$2,168.18$2,168.18$3,109.48
2nd payment$0.00$714.40$0.00
Taxes / mo$223.00$223.00$223.00
Insurance / mo$166.67$166.67$166.67
MI / mo$160.21$160.21$89.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,718.06$3,432.46$3,588.96
Cash to close$157,060$49,900$49,900