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$301,486$301,486$324,000
Remaining term (yrs)28.028.030.0
Secondary amount$0$40,514$0
Funding fee$0$0$0
Note rate6.080%6.080%7.320%
Blended rate6.630%7.251%7.560%
1st payment$1,865.55$1,865.55$2,225.66
2nd payment$0.00$400.92$0.00
Taxes / mo$48.25$48.25$48.25
Insurance / mo$150.00$150.00$150.00
MI / mo$141.40$141.40$64.80
HOA / mo$0.00$0.00$0.00
Total monthly$2,205.20$2,606.12$2,488.71
Cash to close$58,514$18,000$36,000