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$8,184$8,184$341,999
Remaining term (yrs)0.90.930.0
Secondary amount$0$333,815$0
Funding fee$0$0$0
Note rate7.530%7.530%7.320%
Blended rate8.380%7.765%7.560%
1st payment$657.52$657.52$2,349.30
2nd payment$0.00$2,155.89$0.00
Taxes / mo$251.67$251.67$251.67
Insurance / mo$150.00$150.00$150.00
MI / mo$66.41$66.41$68.40
HOA / mo$32.08$32.08$32.08
Total monthly$1,157.69$3,313.58$2,851.44
Cash to close$371,815$38,000$38,000