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$298,566$298,566$310,500
Remaining term (yrs)29.029.030.0
Secondary amount$0$29,184$0
Funding fee$0$0$0
Note rate6.350%6.350%7.400%
Blended rate6.900%7.343%7.640%
1st payment$1,875.66$1,875.66$2,149.84
2nd payment$0.00$288.80$0.00
Taxes / mo$104.92$104.92$104.92
Insurance / mo$150.00$150.00$150.00
MI / mo$138.16$138.16$62.10
HOA / mo$0.00$0.00$0.00
Total monthly$2,268.74$2,557.54$2,466.86
Cash to close$46,434$17,250$34,500