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$398,199$398,199$436,500
Remaining term (yrs)27.827.830.0
Secondary amount$0$38,301$0
Funding fee$0$0$0
Note rate7.090%7.090%7.400%
Blended rate7.640%7.759%7.640%
1st payment$2,732.43$2,732.43$3,022.24
2nd payment$0.00$287.26$0.00
Taxes / mo$404.17$404.17$404.17
Insurance / mo$166.67$166.67$166.67
MI / mo$186.54$186.54$87.30
HOA / mo$120.00$120.00$120.00
Total monthly$3,609.80$3,897.06$3,800.37
Cash to close$86,801$48,500$48,500