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$316,094$316,094$333,000
Remaining term (yrs)26.426.430.0
Secondary amount$0$35,406$0
Funding fee$0$0$0
Note rate5.750%5.750%7.400%
Blended rate6.300%6.862%7.640%
1st payment$1,935.97$1,935.97$2,305.62
2nd payment$0.00$350.37$0.00
Taxes / mo$288.75$288.75$288.75
Insurance / mo$150.00$150.00$150.00
MI / mo$152.05$152.05$66.60
HOA / mo$230.00$230.00$230.00
Total monthly$2,756.77$3,107.14$3,040.97
Cash to close$53,906$18,500$37,000