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$42,628$42,628$368,910
Remaining term (yrs)8.48.430.0
Secondary amount$0$326,282$0
Funding fee$0$0$0
Note rate5.770%5.770%7.400%
Blended rate6.620%7.619%7.640%
1st payment$529.74$529.74$2,554.26
2nd payment$0.00$2,107.23$0.00
Taxes / mo$189.58$189.58$189.58
Insurance / mo$150.00$150.00$150.00
MI / mo$64.16$64.16$73.78
HOA / mo$0.00$0.00$0.00
Total monthly$933.48$3,040.72$2,967.62
Cash to close$367,272$40,990$40,990