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$332,649$332,649$342,000
Remaining term (yrs)26.426.430.0
Secondary amount$0$28,351$0
Funding fee$0$0$0
Note rate6.090%6.090%7.400%
Blended rate6.640%7.051%7.640%
1st payment$2,110.07$2,110.07$2,367.94
2nd payment$0.00$280.56$0.00
Taxes / mo$171.83$171.83$171.83
Insurance / mo$150.00$150.00$150.00
MI / mo$159.76$159.76$68.40
HOA / mo$0.00$0.00$0.00
Total monthly$2,591.66$2,872.22$2,758.17
Cash to close$47,351$19,000$38,000