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$363,583$363,583$386,910
Remaining term (yrs)26.626.630.0
Secondary amount$0$44,822$0
Funding fee$0$0$0
Note rate6.280%6.280%7.400%
Blended rate6.830%7.384%7.640%
1st payment$2,341.02$2,341.02$2,678.89
2nd payment$0.00$443.55$0.00
Taxes / mo$358.25$358.25$358.25
Insurance / mo$150.00$150.00$150.00
MI / mo$173.71$173.71$77.38
HOA / mo$0.00$0.00$0.00
Total monthly$3,022.98$3,466.53$3,264.52
Cash to close$66,317$21,495$42,990