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$351,393$351,393$360,000
Remaining term (yrs)25.925.930.0
Secondary amount$0$28,607$0
Funding fee$0$0$0
Note rate5.540%5.540%7.400%
Blended rate6.390%6.803%7.640%
1st payment$2,127.89$2,127.89$2,492.57
2nd payment$0.00$283.09$0.00
Taxes / mo$165.17$165.17$165.17
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$2,707.35$2,990.44$2,879.73
Cash to close$48,607$20,000$40,000