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$344,827$344,827$359,100
Remaining term (yrs)27.827.830.0
Secondary amount$0$34,223$0
Funding fee$0$0$0
Note rate5.740%5.740%7.400%
Blended rate6.290%6.794%7.640%
1st payment$2,067.41$2,067.41$2,486.34
2nd payment$0.00$338.67$0.00
Taxes / mo$246.17$246.17$246.17
Insurance / mo$150.00$150.00$150.00
MI / mo$162.55$162.55$71.82
HOA / mo$24.00$24.00$24.00
Total monthly$2,650.13$2,988.79$2,978.32
Cash to close$54,173$19,950$39,900