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$4,604$4,604$341,999
Remaining term (yrs)0.80.830.0
Secondary amount$0$337,395$0
Funding fee$0$0$0
Note rate7.690%7.690%7.320%
Blended rate8.540%7.761%7.560%
1st payment$434.79$434.79$2,349.30
2nd payment$0.00$2,179.01$0.00
Taxes / mo$115.75$115.75$115.75
Insurance / mo$150.00$150.00$150.00
MI / mo$43.24$43.24$68.40
HOA / mo$0.00$0.00$0.00
Total monthly$743.78$2,922.79$2,683.45
Cash to close$375,395$38,000$38,000