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$347,207$347,207$387,000
Remaining term (yrs)26.226.230.0
Secondary amount$0$39,793$0
Funding fee$0$0$0
Note rate7.080%7.080%7.400%
Blended rate7.930%8.040%7.640%
1st payment$2,426.70$2,426.70$2,679.51
2nd payment$0.00$298.44$0.00
Taxes / mo$358.33$358.33$358.33
Insurance / mo$150.00$150.00$150.00
MI / mo$256.29$256.29$77.40
HOA / mo$0.00$0.00$0.00
Total monthly$3,191.33$3,489.77$3,265.24
Cash to close$82,793$43,000$43,000