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$352,322$352,322$360,000
Remaining term (yrs)25.925.930.0
Secondary amount$0$27,678$0
Funding fee$0$0$0
Note rate5.660%5.660%7.400%
Blended rate6.510%6.901%7.640%
1st payment$2,156.12$2,156.12$2,492.57
2nd payment$0.00$273.90$0.00
Taxes / mo$333.33$333.33$333.33
Insurance / mo$150.00$150.00$150.00
MI / mo$264.29$264.29$72.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,903.75$3,177.65$3,047.90
Cash to close$47,678$20,000$40,000