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$399,627$399,627$449,910
Remaining term (yrs)27.027.030.0
Secondary amount$0$50,283$0
Funding fee$0$0$0
Note rate6.960%6.960%7.320%
Blended rate7.510%7.677%7.560%
1st payment$2,732.58$2,732.58$3,090.57
2nd payment$0.00$377.12$0.00
Taxes / mo$135.08$135.08$135.08
Insurance / mo$166.67$166.67$166.67
MI / mo$189.01$189.01$89.98
HOA / mo$0.00$0.00$0.00
Total monthly$3,223.35$3,600.47$3,482.30
Cash to close$100,273$49,990$49,990