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$321,456$321,456$395,100
Remaining term (yrs)27.827.830.0
Secondary amount$0$73,644$0
Funding fee$0$0$0
Note rate6.950%6.950%7.400%
Blended rate7.500%7.780%7.640%
1st payment$2,176.18$2,176.18$2,735.59
2nd payment$0.00$552.33$0.00
Taxes / mo$233.58$233.58$233.58
Insurance / mo$150.00$150.00$150.00
MI / mo$150.68$150.68$79.02
HOA / mo$160.00$160.00$160.00
Total monthly$2,870.44$3,422.77$3,358.20
Cash to close$117,544$43,900$43,900